– USA, TN – CBL Properties (NYSE: CBL) today announced the appointment of Jeff Kivitz to its board of directors.
“Jeff brings great experience to CBL’s board of directors. We have had the opportunity to get to know and work with Jeff through CBL’s restructuring and since emergence through his role at Canyon Partners, CBL’s current top shareholder. His extensive investment experience will be important as we continue our focus on maximizing value for our shareholders,” said CEO, Steve Lebovitz.
Mr. Kivitz will also join the compensation committee and nominating/corporate governance committee.
About Jeff Kivitz
Jeff Kivitz is a Partner with Canyon Partners, LLC. He is responsible for the firm’s investments in companies across the REIT, technology, software, building product, and retail sectors. Before joining Canyon, Mr. Kivitz worked as a consultant in both the private equity and general consulting practices at Bain & Company, where he acted as an advisor on buyout and corporate strategy.
Mr. Kivitz graduated cum laude from Williams College (B.A., Economics).
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 owned and managed portfolio is comprised of 95 properties totaling 59.6 million square feet across 24 states, including 57 high-quality enclosed malls, outlet centers, and lifestyle retail centers as well as more than 30 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing, and profitable reinvestment in its properties.
For more information: https://www.cblproperties.com/
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