{"id":726579,"date":"2023-01-27T11:43:10","date_gmt":"2023-01-27T16:43:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cbl-properties-announces-the-resignation-of-kaj-vazales-from-its-board-of-directors\/"},"modified":"2023-01-27T11:43:10","modified_gmt":"2023-01-27T16:43:10","slug":"cbl-properties-announces-the-resignation-of-kaj-vazales-from-its-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cbl-properties-announces-the-resignation-of-kaj-vazales-from-its-board-of-directors\/","title":{"rendered":"CBL Properties Announces the Resignation of Kaj Vazales From Its Board of Directors"},"content":{"rendered":"

<\/p>\n

CBL Properties Announces the Resignation of Kaj Vazales From Its Board of Directors<\/b><\/p>\n

CHATTANOOGA, Tenn.–(BUSINESS WIRE<\/a>)–
\nCBL Properties (NYSE:CBL) today announced that Kaj Vazales has notified the Company of his resignation from CBL\u2019s Board of Directors effective January 26, 2023, and the Board has accepted his resignation. The departure is the result of a change in Mr. Vazales\u2019 principal occupation. Mr. Vazales formerly served as Managing Director and Co-Head of North America for Oaktree\u2019s Global Operations Strategy. He joined CBL\u2019s board in November 2021, following CBL\u2019s successful restructuring.\n<\/p>\n

\n\u201cOn behalf of the Board and the entire company, we\u2019d like to thank Kaj for his many contributions to CBL,\u201d said Stephen D. Lebovitz, director and CEO of CBL. \u201cKaj played a key leadership role during our restructuring, which allowed the Company to emerge in a strong financial position. Since joining our Board in November 2021, his financial and organizational experience, thoughtful perspective, and overall business insight have been valuable in positioning CBL for long-term success. We wish him great success in his future endeavors.\u201d\n<\/p>\n

About CBL Properties<\/b><\/p>\n

\nHeadquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL\u2019s owned and managed portfolio is comprised of 94 properties totaling 58.5 million square feet across 22 states, including 56 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 visit cblproperties.com<\/a>.\n<\/p>\n

Information included herein contains \u201cforward-looking statements\u201d within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company\u2019s various filings with the Securities and Exchange Commission, including without limitation the Company\u2019s Annual Report on Form 10-K and the \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d included therein, for a discussion of such risks and uncertainties.<\/i><\/p>\n

\nCBL_Corp\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230127005329\/en\/<\/a><\/span><\/p>\n

\nInvestor Contact:
\n
Katie Reinsmidt, Executive Vice President & Chief Investment Officer
\n
423.490.8301
\n
Katie.Reinsmidt@cblproperties.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Tennessee<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

CBL Properties Announces the Resignation of Kaj Vazales From Its Board of Directors CHATTANOOGA, Tenn.–(BUSINESS WIRE)– CBL Properties (NYSE:CBL) today announced that Kaj Vazales has notified the Company of his resignation from CBL\u2019s Board of Directors effective January 26, 2023, and the Board has accepted his resignation. The departure is the result of a change in Mr. Vazales\u2019 principal occupation. Mr. Vazales formerly served as Managing Director and Co-Head of North America for Oaktree\u2019s Global Operations Strategy. He joined CBL\u2019s board in November 2021, following CBL\u2019s successful restructuring. \u201cOn behalf of the Board and the entire company, we\u2019d like to thank Kaj for his many contributions to CBL,\u201d said Stephen D. Lebovitz, director and CEO of CBL. \u201cKaj played a … <\/p>\n

Continue reading “CBL Properties Announces the Resignation of Kaj Vazales From Its Board of Directors”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-726579","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCBL Properties Announces the Resignation of Kaj Vazales From Its Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cbl-properties-announces-the-resignation-of-kaj-vazales-from-its-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBL Properties Announces the Resignation of Kaj Vazales From Its Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CBL Properties Announces the Resignation of Kaj Vazales From Its Board of Directors CHATTANOOGA, Tenn.–(BUSINESS WIRE)– CBL Properties (NYSE:CBL) today announced that Kaj Vazales has notified the Company of his resignation from CBL\u2019s Board of Directors effective January 26, 2023, and the Board has accepted his resignation. The departure is the result of a change in Mr. Vazales\u2019 principal occupation. Mr. Vazales formerly served as Managing Director and Co-Head of North America for Oaktree\u2019s Global Operations Strategy. He joined CBL\u2019s board in November 2021, following CBL\u2019s successful restructuring. \u201cOn behalf of the Board and the entire company, we\u2019d like to thank Kaj for his many contributions to CBL,\u201d said Stephen D. 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