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CBL Properties Announces Promotions

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management
Rhea-AI Summary

CBL Properties (OTCMKTS:CBLAQ) has promoted Jennifer Cope to Senior Vice President of Operations Services and Joseph Khalili to Senior Vice President of Financial Operations. Stephen Lebovitz, CEO, praised their leadership in modernizing financial operations. Cope, with CBL since 2001, has held key roles in operations and business transformation. Khalili joined in 2012, advancing through financial planning and analysis. CBL manages a national portfolio of 104 properties totaling 63.8 million square feet across 24 states, focusing on operational excellence and strategic growth.

Positive
  • Jennifer Cope and Joseph Khalili recognized for their leadership and contributions.
  • Promotions may enhance operational efficiency and strategic direction.
  • Cope's extensive experience since 2001 may bring stability and innovation.
  • Khalili's financial expertise could strengthen the company's financial planning.
Negative
  • Concerns regarding potential experience gaps in senior management transition.

CBL Properties (OTCMKTS:CBLAQ) today announced the promotions of Jennifer Cope to Senior Vice President – Operations Services and Joseph Khalili to Senior Vice President – Financial Operations.

“Throughout their careers at CBL, Jennifer and Joseph have met challenges head-on, taking on additional responsibilities, and leading important projects that have modernized CBL’s financial operations,” said Stephen Lebovitz, chief executive officer, CBL Properties. “We are thrilled to recognize their leadership and achievements with these well-deserved promotions.”

Cope joined CBL in July 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, leading CBL’s Shared Services and Operations Services divisions.

Khalili joined CBL in 2012 as a Portfolio Accountant focused on Third Party Managed properties and in 2014 was promoted to Acquisitions Analyst where he participated in multiple transactions. In 2016, he assumed the role of Director – Financial Planning and Analysis. He was promoted to Senior Director in 2017, and Vice President in 2019, leading CBL’s financial planning and budgeting teams. 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 portfolio is comprised of 104 properties totaling 63.8 million square feet across 24 states, including 63 high-quality enclosed, outlet and open-air retail centers and seven 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 are the recent management changes at CBL Properties?

CBL Properties promoted Jennifer Cope to Senior Vice President of Operations Services and Joseph Khalili to Senior Vice President of Financial Operations.

When did Jennifer Cope join CBL Properties?

Jennifer Cope joined CBL Properties in July 2001.

What roles did Joseph Khalili hold before becoming Senior Vice President?

Before his promotion, Joseph Khalili held roles including Portfolio Accountant, Acquisitions Analyst, and Director of Financial Planning and Analysis.

What impact could the promotions of Cope and Khalili have on CBL Properties?

The promotions are expected to enhance operational efficiency and financial strategies, leveraging their extensive experience.

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