Michael A. Torres
the Board of Directors of CBL & Associates Properties, Inc. (the “ Company ”) has appointed Michael A. Torres to the Board as an additional director of the Company, effective as of June 15, 2023.
Highest-materiality recent filing
CBL & Associates reports Q2 2026 results; financial details not in filing summary
Company issued Q2 2026 earnings release on August 6, 2026, covering period ended June 30, 2026.
CBL shareholders elect all 7 directors, ratify Deloitte, approve say-on-pay
All seven director nominees elected; votes for ranged from 23.8M to 25.2M; broker non-votes ~1.58M.
CBL & Associates reports Q1 2026 earnings; no financial details in filing body
Filing states Q1 2026 results reported on May 8, 2026.
CBL completes $176M non-recourse loan, declares special dividend $0.175/sh
New $176M floating-rate non-recourse loan (SOFR+410 bps) secured by 4 properties; 5-year term with 2 one-year extension options.
CBL enters $425M non-recourse loan with Goldman Sachs at 7.40%, retiring part of $634M term loan
$425M non-recourse loan secured by 12 mall properties; Goldman Sachs Bank USA is lender.
CBL approves 2026 exec compensation: base salaries, 3% bonus hike, new LTIP with PSUs
New base salaries: CEO $719,442; CFO $404,000; President $428,691; COO $353,500; CLO $406,443.
CBL reports Q4/FY2025 earnings; filing lacks specific financial details
Announcement made on February 13, 2026, for quarter and year ended December 31, 2025.
CBL & Associates Properties reports Q3 2025 results, no details provided in filing
Company reported results for quarter ended September 30, 2025; earnings release attached as Exhibit 99.1.
CBL Properties announces new $25M stock repurchase program through Nov 2026
Board authorized repurchase of up to $25M of common stock, replacing May 1, 2025 program.
CBL & Associates completes $178.9M acquisition of four malls; pro forma EPS rises
Acquired four enclosed regional malls for $178.9 million plus $2.1 million transaction costs.
CBL & Associates Properties announces Q2 2025 earnings; specific results not disclosed in filing
Filing reports Q2 2025 results released on August 6, 2025, via attached Exhibit 99.1.
CBL Properties acquires four enclosed malls for $178.9M; modifies loan to $443M
Acquired Ashland Town Center (KY), Mesa Mall (CO), Paddock Mall (FL), Southgate Mall (MT) for $178.9M.
CBL shareholders elect all 7 directors, ratify auditor, approve say-on-pay
All director nominees elected; Stephen D. Lebovitz received 24.2M for, 133K withheld.
CBL & Associates reports Q1 2025 results; no specifics provided in filing excerpt
Company filed Q1 2025 earnings release as Exhibit 99.1 on May 5, 2025.
CBL Properties board authorizes $25M stock repurchase plan through May 2026
Board authorized repurchase of up to $25M of common stock through May 1, 2026.
CBL & Associates approves 2025 comp plans: 5% bonus target hike, CFO merit award
CEO target cash bonus $1.47M; other NEOs $635k–$349k; all up 5% from 2024 levels.
CBL announces Q4 and FY 2024 results; specific figures not disclosed in filing
Company reported results for Q4 and full year ended December 31, 2024.
CBL acquires partner's 50% interest in three malls for $22.5M cash, assumes $266.7M debt
Acquired 50% interests in CoolSprings Galleria (Nashville), Oak Park Mall (Kansas City), West County Center (St. Louis).
CBL reports Q3 2024 results; specific financial figures not in filing text
Company reported results for third quarter ended September 30, 2024 on November 11, 2024.
CBL Properties repurchases 500,000 shares for $12.525M; completes $25M buyback program
Block repurchase of 500,000 shares at ~$25.05/share from a single shareholder, funded separately from existing program.
CBL reports Q2 2024 earnings; no specific figures in filing text
Q2 2024 earnings released on August 9, 2024.
CBL shareholders re-elect all 7 director nominees, ratify auditor, approve say-on-pay
All seven director nominees elected; highest vote: David J. Contis (26,045,247 for); broker non-votes: 1,539,217.
CBL reports Q1 2024 earnings; specific figures not available in SEC filing body
Earnings release for quarter ended March 31, 2024 attached as Exhibit 99.1.
CBL & Associates approves 2024 executive comp plans; CEO target cash bonus $1.4M
CEO Stephen Lebovitz: target cash bonus $1,403,216 (up 5% from 2023), LTIP target value $1,556,500.
CBL & Associates Properties reports Q4 and full year 2023 results
Reported results on February 12, 2024 for quarter and year ended December 31, 2023.
CBL clarifies exec employment agreements; COO Reinsmidt salary raised to $350k
Amendments clarify terms and remove obsolete Chapter 11 references; no substantive changes to compensation or severance.
CBL & Associates reports Q3 2023 earnings; specific figures not in filing text
Earnings release issued November 9, 2023 for third quarter ended September 30, 2023.
CBL board adopts annual say-on-pay vote frequency per shareholder recommendation
Shareholders at May 24, 2023 annual meeting voted for annual frequency of advisory votes on executive compensation.
CBL Properties authorized $25M stock repurchase program through Aug 2024
Board authorized repurchase of up to $25M of common stock through August 10, 2024.
CBL reports Q2 earnings; exhibit not provided in filing text
Company reported Q2 2023 results on August 9, 2023 via press release (Exhibit 99.1).
CBL appoints Michael A. Torres to board; adds REIT investment expertise
Michael A. Torres appointed director effective June 15, 2023; also joins Audit Committee.
CBL & Associates Properties reports shareholder voting results from 2023 annual meeting
All six director nominees elected with at least 25.7M votes for each; broker non-votes of 2,063,012.
CBL Properties promotes Katie Reinsmidt to EVP-COO effective May 9, 2023
Katie Reinsmidt promoted to Executive Vice President – Chief Operating Officer, overseeing portfolio operations and strategic initiatives.
CBL reports Q1 2023 results; specific figures not in filing body
Company filed 8-K on May 10, 2023, reporting Q1 ended March 31, 2023 results.
CBL & Associates Properties sets 2023 executive compensation plans with 5% bonus increase
Compensation Committee approved 2023 Annual Incentive Plan with target cash bonuses up 5% from 2022.
CBL reports Q4 and FY 2022 results; specific figures not in filing text
Filing on Feb 21, 2023 announces Q4 and full year 2022 results.
Amendments address SEC Rule 14a-19 universal proxy requirements for contested director elections.
Director Kaj Vazales resigns from CBL board; 1,885 unvested shares forfeited
Kaj Vazales resigned effective Jan 26, 2023, due to change in principal business association, no disagreement with company.
CBL Properties Chairman Jonathan Heller resigns; David Contis appointed as new Chairman
Jonathan Heller resigned as Chairman effective January 25, 2023, to focus on building his investment firm Helix Partners.
CBL & Associates CFO transition complete; Khaleel out, Jaenicke in as CFO
Farzana Khaleel ceased as EVP-CFO and Treasurer Dec 31, 2022; Benjamin W. Jaenicke assumed CFO role Jan 1, 2023.
CBL declares special dividend of $2.20/share ($70M aggregate), payable Jan 18, 2023
Board declared a $2.20 per share special all-cash dividend, payable Jan 18, 2023 to holders of record Dec 12, 2022.
CBL reports Q3 2022 results; exhibit not provided in filing text
Issued earnings release and supplemental financial information for Q3 ended September 30, 2022.
CBL declares $0.25 quarterly dividend and expects $65-85M special dividend
Quarterly dividend of $0.25 per share for Q4 2022, payable Dec 30 to holders of record Dec 1.
Rights dividend of one right per share; record date September 22, 2022.
CBL Properties announces CFO transition; Farzana Khaleel to step down, Ben Jaenicke to assume role
Farzana Khaleel will step down as EVP-CFO effective Dec 31, 2022; consulting through Mar 31, 2023.
CBL & Associates reports Q2 2022 results; details in attached press release not extracted
Second quarter 2022 financial results reported on August 15, 2022.
Dividend of $0.25/share payable Sept 30, 2022 to holders of record Sept 15, 2022; annual $1.00.
Board declared Q2 2022 dividend of $0.25 per common share, payable July 20 to holders of record July 11.
CBL announces conditional redemption of $335M 10% Notes via $360M non-recourse loan
CBL to redeem $335M of 10% Senior Secured Notes on June 7, 2022, conditional on new financing closing.
CBL shareholders elect all 8 director nominees, ratify auditor, approve say-on-pay
All eight director nominees elected: Lebovitz, Lebovitz, Heller, Bowen, Contis, Fields, Gifford, Vazales.
the Board of Directors of CBL & Associates Properties, Inc. (the “ Company ”) has appointed Michael A. Torres to the Board as an additional director of the Company, effective as of June 15, 2023.
Pursuant to the approval of the Company’s Board of Directors and effective May 9, 2023, CBL & Associates Properties, Inc. (the “Company”) promoted Katie A. Reinsmidt to the position of Executive Vice President – Chief Operating Officer.
On January 26, 2023, Kaj Vazales provided notice of his resignation as a member of the Board of Directors (the “Board”) of CBL & Associates Properties, Inc. (the “Company”) effective immediately.
the Board of Directors appointed the Company’s current Lead Independent Director, David J. Contis, as Chairman of the Board
On January 25, 2023, Jonathan M. Heller provided notice of his resignation as a member of the Board of Directors (the “Board”) of CBL & Associates Properties, Inc. (the “Company”), effective immediately.
Benjamin W. Jaenicke, who originally was appointed Executive Vice President – Finance of CBL effective September 1, 2022, assumed the duties of Executive Vice President – Chief Financial Officer and Treasurer of the Company, effective January 1, 2023.
effective as of 11:59 p.m. Eastern Time on December 31, 2022, Farzana Khaleel, ceased to serve as Executive Vice President – Chief Financial Officer and Treasurer of CBL.
will assume the duties of Executive Vice President – Chief Financial Officer as of January 1, 2023
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
Benjamin W. Jaenicke, who has been appointed Executive Vice President – Finance of CBL effective September 1, 2022
the Board of Directors of CBL & Associates Properties, Inc. (the “ Company ”) has appointed Jeffrey Kivitz to the Board as an additional director of the Company.
on the Effective Date the Board consists of the following eight members: Stephen D. Lebovitz, Charles B. Lebovitz, Marjorie L. Bowen, David J. Contis, David M. Fields, Robert G. Gifford, Jonathan M. Heller and Kaj Vazales.
Max materiality 0.80 · Median 0.50 · Most common event earnings