CBL & Associates Properties, Inc.

NYSE:CBL Stock Report

Market Cap: US$689.8m

CBL & Associates Properties Management

Management criteria checks 2/4

CBL & Associates Properties' CEO is Stephen Lebovitz, appointed in Jan 2010, has a tenure of 14.25 years. total yearly compensation is $4.78M, comprised of 15% salary and 85% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth $7.61M. The average tenure of the management team and the board of directors is 5.2 years and 2.4 years respectively.

Key information

Stephen Lebovitz

Chief executive officer

US$4.8m

Total compensation

CEO salary percentage15.0%
CEO tenure14.3yrs
CEO ownership1.1%
Management average tenure5.2yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

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
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

Sep 30 2018n/an/a

-US$33m

Jun 30 2018n/an/a

-US$22m

Mar 31 2018n/an/a

US$43m

Dec 31 2017US$3mUS$707k

US$76m

Compensation vs Market: Stephen's total compensation ($USD4.78M) is above average for companies of similar size in the US market ($USD3.44M).

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


CEO

Stephen Lebovitz (62 yo)

14.3yrs

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 & Director14.3yrsUS$4.78m1.1%
$ 7.6m
Michael Lebovitz
President5.8yrsUS$1.85m0.27%
$ 1.9m
Kathryn Reinsmidt
Executive VP & COOless than a yearUS$1.74m0.28%
$ 1.9m
Jeffery Curry
Chief Legal Officer & Secretary12yrsUS$1.67m0.29%
$ 2.0m
Benjamin Jaenicke
Executive VP1.3yrsno data0.17%
$ 1.2m
Andrew Cobb
Executive Vice President of Accounting2.6yrsno data0.14%
$ 983.5k
Stacey Keating
Vice President of Corporate Communications5.3yrsno datano data
Mary Morse
Senior Vice President of Marketing5.2yrsno datano data
Benjamin Staples
Senior VP of People & Cultureless than a yearno datano data
Howard Grody
Executive Vice President of Leasing15.8yrsno data0.14%
$ 985.6k
Justice Wade
Senior Vice President of Development and Mixed-Use4.4yrsno datano data
Alan Lebovitz
Executive Vice President of Management22.3yrsno data0.14%
$ 935.3k

5.2yrs

Average Tenure

57yo

Average Age

Experienced Management: CBL's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Lebovitz
CEO & Director30.4yrsUS$4.78m1.1%
$ 7.6m
Charles Lebovitz
Chairman Emeritusno dataUS$1.33m0.088%
$ 608.9k
David Contis
Non-Executive Chairman & Lead Independent Director2.4yrsUS$1.63m0.22%
$ 1.5m
Michael Torres
Independent Directorless than a yearno data0.016%
$ 112.6k
Marjorie Bowen
Independent Director2.4yrsUS$225.02k0.082%
$ 562.8k
Robert Gifford
Independent Director2.4yrsUS$240.02k0.058%
$ 400.9k
David Fields
Independent Director2.4yrsUS$225.02k0.058%
$ 400.9k
Jeffrey Kivitz
Independent Director1.7yrsUS$148.77k0.032%
$ 221.1k

2.4yrs

Average Tenure

63yo

Average Age

Experienced Board: CBL's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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