CBL Properties Names Katie Reinsmidt COO and Announces Other Key Executive Promotions
May 11 2023 - 8:00AM
Business Wire
Jennifer Cope and Joseph Khalili Promoted to
EVP
CBL Properties (NYSE:CBL) today announced the promotion of three
executive leaders: Katie Reinsmidt was promoted to Executive Vice
President – Chief Operating Officer, Jennifer Cope to Executive
Vice President – Operations Services & Risk Management and
Joseph Khalili to Executive Vice President – Financial Planning
& Analysis.
In the newly created position of EVP-COO, Katie Reinsmidt will
oversee the operations of the Company’s portfolio, driving
strategic growth initiatives, enhanced analytics, financial
performance and operating efficiencies. In addition, Reinsmidt will
continue to provide oversight of CBL’s Investor Relations,
Environment, Social and Governance and Corporate Communications
programs.
“Katie has been an invaluable strategic partner to me and a key
member of our leadership team over the years as we have worked to
navigate challenges and execute our vision for CBL,” said Stephen
D. Lebovitz, CBL’s chief executive officer. “Her breadth of
experience and deep knowledge of the organization provides for a
natural transition into this role, where I am confident she will
make an even more impactful contribution to CBL.”
Lebovitz added, “I am also thrilled to recognize the strength of
the CBL team and the significant achievements and growth that
Jennifer and Joseph have accomplished over their careers at CBL
with their promotions. They both share a passion for executing
CBL’s strategic goals at the highest level. As we sharpen our focus
on identifying and executing new growth initiatives both internally
and externally, I am confident that their leadership and drive will
be integral to our future success.”
Reinsmidt joined CBL in 2004 as Director – Investor Relations
and since that time advanced through the organization, most
recently serving as Executive Vice President – Chief Investment
Officer. Prior to joining CBL, she served as associate analyst at
A.G. Edwards & Sons at its corporate headquarters in St. Louis,
MO, where she provided research coverage for retail, healthcare and
lodging REITs.
Cope joined CBL in 2001 as a Junior Analyst in Financial
Services and has served various roles supporting CBL’s insurance
and risk management programs, technology, JV relations and loan
closings. She transitioned to CBL’s business transformation team in
March 2014 and was promoted to Vice President in February 2015 to
lead CBL’s Shared Services and Operations Services divisions. She
was promoted to Senior Vice President in 2021.
Khalili joined CBL in 2012 as a Portfolio Accountant focused on
Third Party Managed properties and in 2014 was promoted to
Acquisitions Analyst. In 2016, he assumed the role of Director –
Financial Planning and Analysis. In 2019, he was appointed Vice
President to lead CBL’s financial planning and budgeting teams and
in 2021, promoted to Senior Vice President. Prior to joining CBL,
he spent seven years with General Growth Properties.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and
manages a national portfolio of market-dominant properties located
in dynamic and growing communities. CBL’s owned and managed
portfolio is comprised of 94 properties totaling 58.5 million
square feet across 22 states, including 56 high-quality enclosed
malls, outlet centers and lifestyle retail centers as well as more
than 30 open-air centers and other assets. CBL seeks to
continuously strengthen its company and portfolio through active
management, aggressive leasing and profitable reinvestment in its
properties. For more information visit cblproperties.com.
Information included herein contains “forward-looking
statements” within the meaning of the federal securities laws. Such
statements are inherently subject to risks and uncertainties, many
of which cannot be predicted with accuracy and some of which might
not even be anticipated. Future events and actual events, financial
and otherwise, may differ materially from the events and results
discussed in the forward-looking statements. The reader is directed
to the Company’s various filings with the Securities and Exchange
Commission, including without limitation the Company’s Annual
Report on Form 10-K and the “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” included therein,
for a discussion of such risks and uncertainties.
CBL_Corp
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version on businesswire.com: https://www.businesswire.com/news/home/20230511005270/en/
Investor Contact: Katie Reinsmidt, Executive Vice President
& Chief Operating Officer, 423.490.8301,
Katie.Reinsmidt@cblproperties.com Media Contact: Stacey Keating,
Vice President – Corporate Communications, 423.490.8361,
Stacey.Keating@cblproperties.com
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