CBL & ASSOCIATES PROPERTIES, INC. ANNOUNCES EXECUTIVE PROMOTIONS.CHATTANOOGA Chattanooga (chăt'ən  `gə), city (1990 pop. 152,466), seat of Hamilton co., E Tenn., on both sides of the Tennessee River near the Georgia line; inc. 1839. , Tenn.--(BUSINESS WIRE)--Jan. 6, 1997--Charles B.
Lebovitz, chairman of the board, president and chief executive officer
of CBL Cbl cobalamin. & Associates Properties, Inc. (NYSE NYSESee: New York Stock Exchange :CBL), today announced the promotions of ten executives effective January January: see month. 1, 1997, together with the retirement of James James, person in the Bible James, in the Gospel of St. Luke, kinsman of St. Jude. The original does not specify the relationship. James, rivers, United States James. L. (Bucky Bucky® Imaging A cassette film in a Potter-Bucky diaphragm ) Wolford Wolford, located in Austria, is a marketer and manufacturer of hosiery and lingerie. In the late 1990s, it ran a famous campaign featuring the work of Helmut Newton. External links
The ten individuals include Ben Landress and Stephen Stephen, 1097?–1154, king of England (1135–54). The son of Stephen, count of Blois and Chartres, and Adela, daughter of William I of England, he was brought up by his uncle, Henry I of England, who presented him with estates in England and France and Lebovitz, each promoted to executive vice president; Ron Fullam, Ron Gimple, Michael Lebovitz, Eric Snyder and Gus Stephas, all promoted to senior vice president; and Jim Dunn, Vernon Pirtle, and Charlie Willett, all promoted to vice president. Commenting on the announcement, Mr. Lebovitz said, "As we enter the new year, we deemed it appropriate to recognize and promote qualified members of our executive staff for their added responsibilities as well as their years of service to our company. Each of these members of our executive staff has played a very important role in the success of our company and it is with a great deal of pleasure that I announce their respective promotions. "These individuals have an average tenure of more than 18 years with our company, which speaks tremendously of their dedication and loyalty to our firm. With these promotions, we have every confidence that they will carry out their additional responsibilities," Mr. Lebovitz added. "Our firm is fortunate to have a talented staff which has been with the company for many years. These promotions will allow us to continue to address the myriad Myriad is a classical Greek name for the number 104 = 10 000. In modern English the word refers to an unspecified large quantity. The term myriad is a progression in the commonly used system of describing numbers using tens and hundreds. complexities which exist in the shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into industry today as we maintain the pursuit of our firm's primary goal of growth through developments, acquisitions and aggressive management of our existing portfolio," Mr. Lebovitz said. "As we announce these important promotions, we also are announcing the retirement of James L. (Bucky) Wolford, senior executive vice president of our firm, effective January 15, 1997," Mr. Lebovitz said. "We wish him the very best in his retirement. He has indicated to me that his retirement will allow him to spend more time with his family and pursue business opportunities outside of the shopping center development business." Mr. Wolford has been associated with the CBL organization for almost 24 years and has been in charge of the mall development division. Stephen Lebovitz, who joined CBL & Associates Properties in 1988, has been promoted to executive vice president-development. Previously responsible for community center development, he will now oversee all new development, including regional malls and community centers. CBL & Associates Properties, Inc. is a real estate investment trust which owns regional malls and community shopping centers, primarily in the Southeast and select markets in the northeastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company has a portfolio of 107 properties totaling 20.3 million square feet, manages an additional 2.6 million square feet of non-owned shopping centers, and presently has under construction eight new shopping centers totaling 3.1 million square feet, including one mall, two power centers, two associated centers and three community centers. -0- NEW SHOPPING CENTERS UNDER CONSTRUCTION CENTER LOCATION SQ.FT The Terrace Chattanooga, TN 156,297 Massard Crossing Fort Smith, AR 290,777 Salem Crossing Virginia Beach, VA 289,382 Hannaford Bros. Richmond, VA 62,500 Springhurst Towne Center Louisville, KY 808,084 Bonita Lakes Crossing Meridian, MS 64,000 Bonita Lakes Mall Meridian, MS 631,507 Cortlandt Town Center Cortlandt, NY 766,628 TOTAL SQUARE FOOTAGE 3,070,801 CONTACT: CBL & Associates Properties Inc., Chattanooga John N. Foy, 423/855-0001 |
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