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 CBL Properties Announces Promotions

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Rhea-AI Summary

CBL Properties (OTCMKTS:CBLAQ) announced the promotions of Brad Hendrix to Vice President – Legal and Karen Walker to Vice President – Information Technology. CEO Stephen Lebovitz acknowledged their leadership and contributions. Hendrix, with CBL since 2012, oversees legal services and governance. Walker, who joined in 2015, has advanced roles in IT, focusing on network administration and software development. CBL manages 105 properties totaling 64.6 million square feet across 25 states, emphasizing active management and profitable reinvestment.

Positive
  • Promotions of experienced leaders enhance CBL's strategic management.
  • Brad Hendrix brings extensive legal experience, strengthening corporate governance.
  • Karen Walker's IT expertise may improve operational efficiencies and technology utilization.
Negative
  • None.

CBL Properties (OTCMKTS:CBLAQ) today announced the promotions of Brad Hendrix to Vice President – Legal and Karen Walker to Vice President – Information Technology.

Commenting on the promotions, Stephen Lebovitz, CBL’s chief executive officer said, “Throughout their careers at CBL, Karen and Brad have positioned themselves as leaders within the organization, taking on additional responsibilities and tackling challenges within their respective areas. We are thrilled to recognize their achievements with these well-deserved promotions and look forward to their continued contributions to CBL.”

Hendrix joined CBL in 2012 as Associate Counsel – Management. Prior to joining the Company, he spent a decade in private practice in both Birmingham and Montgomery, Alabama. His role includes oversight of general legal services and providing counsel on corporate governance, contracts and transactions as well as litigation, dispute management and resolution, risk management and insurance, construction matters, human resources, marketing, branding, and public relations. Hendrix earned his J.D. from Samford University’s Cumberland School of Law.

Walker joined CBL in 2015 from Erlanger, and over the course of her career has assumed increasing responsibility including roles as a programmer, business and supply chain analyst, expanding into business intelligence and data warehouse. Walker most recently served as the Senior Director – Information Technology, overseeing the technology services division, including network administration, hardware, and ongoing implementation, development, and utilization of the array of software platforms and data analytics evolution to meet the company’s needs. She earned her B.A. in Computer Science from Indiana University.

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 portfolio is comprised of 105 properties totaling 64.6 million square feet across 25 states, including 64 high-quality enclosed, outlet and open-air retail centers and 7 properties managed for third parties. 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.

FAQ

What recent management changes occurred at CBL Properties?

CBL Properties promoted Brad Hendrix to Vice President – Legal and Karen Walker to Vice President – Information Technology.

What are the backgrounds of the newly promoted executives at CBL Properties?

Brad Hendrix joined CBL in 2012 with a legal background, while Karen Walker joined in 2015, bringing extensive IT experience.

How might the promotions of Hendrix and Walker impact CBL Properties?

The promotions may enhance strategic management and operational efficiencies, as both leaders have significant experience in their fields.

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