Mall operator CBL names CEO

Chattanooga, Tenn. Mall operator CBL & Associates Properties has promoted Stephen D. Lebovitz to CEO.

Lebovitz will continue to serve as president of the company, succeeding his father Charles B. Lebovitz, who will continue with CBL as executive chairman and will continue to serve in the company's operations and leadership.

Stephen Lebovitz joined CBL more than 20 years ago and has held several executive positions. He has been president and secretary of the company since 1999 and has been a director since its initial public offering in 1993.

CBL is also promoting Gus Stephas to executive VP and COO; Farzana Mitchell to executive VP finance; and Michael Lebovitz to executive VP development and administration.