CBL Properties Announces Gary Bryenton and Gary Nay to Retire from Board of Directors
November 05 2018 - 11:00AM
Business Wire
CBL Properties (NYSE: CBL) today announced that Gary
Bryenton and Gary Nay will retire from CBL’s Board of Directors,
effective December 31, 2018.
“CBL has greatly benefited from the valuable insight, guidance
and direction by these two outstanding members of the Board,” said
Charles B. Lebovitz, Chairman of the Board. “Their advice and
leadership has been extremely meaningful and contributed to the
many achievements CBL has celebrated over the years. On behalf of
the entire company and the Board, I would like to extend our
deepest gratitude to both for their unwavering commitment to the
success of the organization.”
Gary Bryenton, Senior Partner for Baker Hostetler, LLP, was
appointed to CBL’s Board of Directors in 2001. During his 17-year
tenure, he has also served as Chairman of the Nominating/Corporate
Governance Committee and as a member of the Audit Committee.
Gary Nay, former head of Real Estate for Macy’s/Federated, has
served as a Director since 2011. During this time, he has also
served as a member of CBL’s Compensation Committee and as a member
of the Nominating/Corporate Governance Committee.
In connection with the retirements, the size of the Board will
be reduced to seven directors.
About CBL Properties
Headquartered in Chattanooga, TN, CBL
Properties owns and manages a national portfolio of market dominant
properties located in dynamic and growing communities. CBL’s
portfolio is comprised of 114 properties totaling 71.9 million
square feet across 26 states, including 73 high-quality enclosed,
outlet and open-air retail centers and 12 properties managed for
third parties. CBL continuously strengthens its company and
portfolio through active management, aggressive leasing and
profitable reinvestment in its properties. For more information
visit cblproperties.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20181105005239/en/
CBL PropertiesKatie Reinsmidt, 423-490-8301Executive Vice
President & Chief Investment
OfficerKatie.Reinsmidt@cblproperties.com
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