CBL & Associates Properties, Inc.

NYSE:CBL Stock Report

Market Cap: US$865.4m

CBL & Associates Properties Management

Management criteria checks 3/4

CBL & Associates Properties' CEO is Stephen Lebovitz, appointed in Jan 2010, has a tenure of 31.17 years. total yearly compensation is $4.78M, comprised of 15% salary and 85% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth $9.09M. The average tenure of the management team and the board of directors is 6 years and 3.2 years respectively.

Key information

Stephen Lebovitz

Chief executive officer

US$4.8m

Total compensation

CEO salary percentage15.0%
CEO tenure15yrs
CEO ownership1.1%
Management average tenure6yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

CBL & Associates Properties Vs. SITE Centers: Which Is The Better REIT For 2025

Nov 13

CBL & Associates: 41% Variable-Rate Debt Set To Boost Cash Flows In 2025

Aug 11

CBL & Associates: An Attractive Buy Before Fed Rate Cuts

Mar 01

Former Bankrupt Mall REIT CBL & Associates Properties Is Still Struggling

Dec 06

CBL & Associates: Finally A Compelling Deep Value Investment

Sep 14

CBL & Associates Properties: Back In The Game But Far From Winning It

May 29

CBL Properties ups quarterly dividend by 50% to $0.375

Feb 16

CBL & Associates Properties: A Fresh Start, But Not Yet Appealing

Feb 10

CBL Properties' former CFO may get up to $2.42M in severance, consulting pay

Jan 03

CBL Properties FFO of $1.55, revenue of $136.28M

Nov 14

CBL Properties announces CFO transition plan

Sep 01

CBL Properties reports Q2 results

Aug 15

CBL Properties goes ex-dividend tomorrow, expects to distribute one-time special dividend

Jul 07

Insider Weekends: Jonathan Heller Purchases 100,000 Shares Of CBL & Associates

Apr 24

CEO Compensation Analysis

How has Stephen Lebovitz's remuneration changed compared to CBL & Associates Properties's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$32m

Jun 30 2024n/an/a

US$29m

Mar 31 2024n/an/a

US$3m

Dec 31 2023US$5mUS$719k

US$5m

Sep 30 2023n/an/a

-US$5m

Jun 30 2023n/an/a

-US$33m

Mar 31 2023n/an/a

-US$53m

Dec 31 2022US$11mUS$719k

-US$96m

Sep 30 2022n/an/a

-US$642m

Jun 30 2022n/an/a

-US$669m

Mar 31 2022n/an/a

-US$636m

Dec 31 2021US$10mUS$672k

-US$622m

Sep 30 2021n/an/a

-US$140m

Jun 30 2021n/an/a

-US$153m

Mar 31 2021n/an/a

-US$225m

Dec 31 2020US$3mUS$602k

-US$332m

Sep 30 2020n/an/a

-US$247m

Jun 30 2020n/an/a

-US$283m

Mar 31 2020n/an/a

-US$237m

Dec 31 2019US$3mUS$672k

-US$154m

Sep 30 2019n/an/a

-US$241m

Jun 30 2019n/an/a

-US$164m

Mar 31 2019n/an/a

-US$163m

Dec 31 2018US$3mUS$707k

-US$123m

Compensation vs Market: Stephen's total compensation ($USD4.78M) is above average for companies of similar size in the US market ($USD3.22M).

Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.

CEO

Stephen Lebovitz (63 yo)

15yrs

Tenure

US$4,783,991

Compensation

Mr. Stephen D. Lebovitz serves as the Chief Executive Officer of CBL Holdings I, Inc and President of CBL Holdings I, Inc. Mr. Lebovitz has been the Chief Executive Officer of CBL & Associates Properties,...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Lebovitz
CEO & Director15yrsUS$4.78m1.05%
$ 9.1m
Michael Lebovitz
President6.6yrsUS$1.85m0.13%
$ 1.1m
Benjamin Jaenicke
Executive VP2yrsUS$2.72m0.16%
$ 1.4m
Kathryn Reinsmidt
Executive VP & COO1.7yrsUS$1.74m0.28%
$ 2.4m
Jeffery Curry
Chief Legal Officer & Secretary12.8yrsUS$1.67m0.28%
$ 2.4m
Andrew Cobb
Executive Vice President of Accounting3.3yrsno data0.12%
$ 1.0m
Stacey Keating
Vice President of Corporate Communications6yrsno datano data
Mary Morse
Senior Vice President of Marketing5.9yrsno datano data
Benjamin Staples
Senior VP of People & Culture1.7yrsno datano data
Howard Grody
Executive Vice President of Leasing16.6yrsno data0.14%
$ 1.2m
Justice Wade
Senior Vice President of Development and Mixed-Use5.2yrsno datano data
Alan Lebovitz
Executive Vice President of Management23yrsno data0.13%
$ 1.2m

6.0yrs

Average Tenure

58yo

Average Age

Experienced Management: CBL's management team is seasoned and experienced (6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Lebovitz
CEO & Director31.2yrsUS$4.78m1.05%
$ 9.1m
Charles Lebovitz
Chairman Emeritusno dataUS$1.33mno data
David Contis
Non-Executive Chairman & Lead Independent Director3.2yrsUS$266.27k0.22%
$ 1.9m
Michael Torres
Independent Director1.6yrsUS$173.77k0.030%
$ 259.8k
Marjorie Bowen
Independent Director3.2yrsUS$240.02k0.098%
$ 847.0k
Robert Gifford
Independent Director3.2yrsUS$242.52k0.073%
$ 635.9k
David Fields
Independent Director3.2yrsUS$235.02k0.066%
$ 573.9k
Jeffrey Kivitz
Independent Director2.4yrsUS$230.02k0.046%
$ 401.4k

3.2yrs

Average Tenure

64yo

Average Age

Experienced Board: CBL's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 10:54
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CBL & Associates Properties, Inc. is covered by 23 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ross SmotrichBarclays
Floris Gerbrand van DijkumBoenning & Scattergood, Inc.
Craig SchmidtBofA Global Research