CBL Properties announces CFO transition; Farzana Khaleel to step down, Ben Jaenicke to assume role

CBL & ASSOCIATES PROPERTIES INC

Farzana Khaleel will step down as EVP-CFO effective Dec 31, 2022; consulting through Mar 31, 2023.
Benjamin W. Jaenicke joins as EVP-Finance Sept 1, 2022, will become CFO Jan 1, 2023.
Jaenicke previously Director, Real Estate Investment Banking at Wells Fargo Securities for over a decade.
Employment agreement: base salary $350K (2022-2023), $400K (2024), 20,000 restricted stock grant.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Benjamin W. Jaenicke

Executive Vice President – Chief Financial Officer

CBL · CBL & ASSOCIATES PROPERTIES INC

Effective: 2023-01-01
Filed: September 1, 2022, 7:59 PM ET

will assume the duties of Executive Vice President – Chief Financial Officer as of January 1, 2023

Departed

Farzana Khaleel

Executive Vice President – Chief Financial Officer

CBL · CBL & ASSOCIATES PROPERTIES INC

Effective: 2022-12-31
Successor: Benjamin W. Jaenicke
Filed: September 1, 2022, 7:59 PM ET

Pursuant to this plan, it is anticipated that Farzana Khaleel will cease to serve as CBL’s Executive Vice President – Chief Financial Officer as of December 31, 2022

Appointed

Benjamin W. Jaenicke

Executive Vice President – Finance

CBL · CBL & ASSOCIATES PROPERTIES INC

Effective: 2022-09-01
Filed: September 1, 2022, 7:59 PM ET

Benjamin W. Jaenicke, who has been appointed Executive Vice President – Finance of CBL effective September 1, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Benjamin W. Jaenicke changed role as Executive Vice President – Chief Financial Officer at CBL & ASSOCIATES PROPERTIES INC.

Action: will assume the duties of
Role: Executive Vice President – Chief Financial Officer

Exact text from the filing

will assume the duties of Executive Vice President – Chief Financial Officer as of January 1, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Farzana Khaleel departed as Executive Vice President – Chief Financial Officer at CBL & ASSOCIATES PROPERTIES INC.

Action: cease to serve
Role: Executive Vice President – Chief Financial Officer

Exact text from the filing

Pursuant to this plan, it is anticipated that Farzana Khaleel will cease to serve as CBL’s Executive Vice President – Chief Financial Officer as of December 31, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Benjamin W. Jaenicke was appointed as Executive Vice President – Finance at CBL & ASSOCIATES PROPERTIES INC.

Action: appointed
Role: Executive Vice President – Finance

Exact text from the filing

Benjamin W. Jaenicke, who has been appointed Executive Vice President – Finance of CBL effective September 1, 2022

View on SEC.gov

CBL & ASSOCIATES PROPERTIES INC filing history →

Source: SEC EDGAR

accession 0001564590-22-030780

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