CBL & Associates Properties Inc.
2030 Hamilton Place Boulevard
CBL Center Suite 500
Chattanooga,
TN 37421-6000
Phone: 423-855-0001
Fax: 423-490-8662
Web Site: http://www.cblproperties.com
| CBL & Associates Properties, Inc., a real estate investment trust (REIT), engages in the ownership, development, acquisition, leasing, management, and operation of regional shopping malls and community centers. Its shopping center properties are located primarily in the southeast and Midwest, as well as in other regions of the United States. The company conducts substantially all of its business through CBL & Associates Limited Partnership (partnership). As of June 30, 2005, the partnership owned controlling interests in 65 regional malls, 26 associated centers, and 4 community centers, as well as had noncontrolling interests in 6 regional malls, 2 associated center, and 54 community centers. In addition, CBL & Associates Properties has five mall expansions, two open-air shopping centers, two community centers, and one community center expansion under construction, as of the above date. The company has elected to be taxed as a REIT under the Internal Revenue Code and would not be subject to federal income tax to the extent it distributes at least 90% of its taxable income to shareholders. CBL & Associates Properties has a joint venture with Richard E Jacobs Group, Inc. to own a mall and two shopping centers in Raleigh, N.C. The company was formed by Charles B. Lebovitz in 1978 and is based in Chattanooga, Tennessee. |
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| Key Statistics |
|
|
|
| |
Pay |
Exercised |
Mr. Charles B. Lebovitz , 73
Exec. Chairman and Chairman of Exec. Committee
|
$
445.00K |
$
0 |
Mr. Stephen D. Lebovitz , 49
Chief Exec. Officer, Pres
|
$
652.00K |
$
0 |
Mr. John N. Foy , 66
Vice Chairman, Chief Financial Officer, Principal Accounting Officer, Sec., Treasurer and Member of Exec. Committee
|
$
310.00K |
$
0 |
Mr. Augustus N. Stephas , 67
Chief Operating Officer and Exec. VP
|
N/A
|
N/A |
Mr. Ben S. Landress , 82
Exec. VP of Management and Compliance Officer
|
N/A
|
N/A |
|
|
|
Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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