---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-050900"
form_type: "8-K"
ticker: "CBL"
cik: "0000910612"
company_name: "CBL & ASSOCIATES PROPERTIES INC"
filed_at: "2021-10-15T23:59:59+00:00"
generated_at: "2026-06-28T20:43:49.827046+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CBL appoints Jonathan Heller to board as company nears Nov 1 bankruptcy exit

## Summary
- Jonathan Heller, a Canyon Partners partner, appointed to CBL board effective Oct 15, 2021.
- Heller waives director compensation until emergence from Chapter 11 reorganization.
- Canyon Funds, advised by Heller's firm, hold >20% of CBL's senior notes and are Consenting Crossholders.
- Company expects to emerge from bankruptcy on Nov 1, 2021; Heller to help transition to post-emergence board.
- Heller has indirect interest in Canyon Funds' recoveries under the Plan through his partnership interest.

## SEC filing metadata
- accession: 0001564590-21-050900
- form_type: 8-K
- ticker: CBL
- cik: 0000910612
- company_name: CBL & ASSOCIATES PROPERTIES INC
- filed_at: 2021-10-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910612/000156459021050900/0001564590-21-050900-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910612/000156459021050900/cbl-8k_20211015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-050900
- JSON: https://secwatch.observer/filing/0001564590-21-050900.json
- Plain text: https://secwatch.observer/filing/0001564590-21-050900.txt

## Key facts
- Executive change
  Jonathan Heller was appointed as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: appointed
  - Role: Director
  source text: the Board of Directors of CBL & Associates Properties, Inc. (the “Company”) has appointed Jonathan Heller to the Board as an additional director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021050900/0001564590-21-050900-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.