Business Wire | May 19, 2021 10:00AM EDT

CBL Properties Announces Promotions

May 19, 2021

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 19, 2021--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.

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CONTACT: Investor Contact: Katie Reinsmidt, EVP & Chief Investment Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com Media Contact: Stacey Keating, Sr. Director of Public Relations & Corporate Communications, 423.490.8361, Stacey.Keating@cblproperties.com