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CBL Announces Mike Harrison Joins As Senior Vice President – Strategic And Technology Initiatives

CBL & Associates Properties, Inc. (NYSE: CBL) today announced the addition of Mike Harrison to CBL’s senior management team as Senior Vice President – Strategic and Technology Initiatives. In this newly created position Harrison will provide leadership and oversight of new strategic initiatives and technology solutions with the goal of improving CBL’s operations.

“Mike is a great addition to the CBL team, bringing a broad and unique background of expertise in finance, technology and strategic planning,” said Stephen Lebovitz, president & chief executive officer. “With our focus today on positioning CBL to capture future growth, we are confident that Mike will play an important role in ensuring that CBL has the right systems and resources in place.”

Prior to joining CBL, Harrison most recently served as Senior Vice President Real Estate and Chief Financial Officer Family Office for a private real estate developer, owner and operator. Harrison’s earlier experience includes 12 years of senior level consulting practice focused on strategic management in the real estate industry at RealFoundations, Inc. as well as serving as a former principal and managing director at KPMG LLP. Harrison has served as a consultant for numerous public and private real estate companies evaluating and overseeing the execution of strategic operating and financial plans.

About CBL & Associates Properties, Inc.:

CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 154 properties, including 93 regional malls/open-air centers. The properties are located in 31 states and total 89.3 million square feet including 9.3 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.

Copyright Business Wire 2010

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