CBL Properties Welcomes Derek Young to CBL as Vice President - ESG
April 11 2023 - 9:00AM
Business Wire
CBL Properties (NYSE:CBL) today announced that Derek Young has
joined CBL as the company’s initial vice president – ESG. Prior to
joining CBL, Young spent more than six years at Summit Strategy
Group, a California-based corporate consultancy specializing in
public affairs, Environment, Social and Governance (ESG), and
healthcare.
“I am pleased to welcome Derek to CBL. Enhancing our ESG program
is an important priority for us,” said Stephen Lebovitz, chief
executive officer, CBL Properties. “Derek’s expertise and
experience building effective sustainability strategies as well as
his understanding of ESG policies, practices, and reporting make
him an outstanding addition to our team and will allow us to
accelerate our efforts.”
In his most recent role as Managing Director of ESG Consulting
Services, Derek led the ESG consulting practice for Summit Strategy
Group, setting the strategic direction for the firm’s ESG practice,
overseeing the financial performance of the practice, and creating
all product offerings in the ESG and sustainability space.
In addition to his work at Summit Strategy Group, Derek has
helped to start and lead the Corporate Social Responsibility (CSR)
and sustainability programs at several corporations including
Invista, TGI Fridays, and FedEx, and has provided consulting
support to numerous other brands across a range of sectors and
industries, including REITs and real estate companies.
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 owned and managed
portfolio is comprised of 94 properties totaling 58.5 million
square feet across 22 states, including 56 high-quality enclosed
malls, outlet centers and lifestyle retail centers as well as more
than 30 open-air centers and other assets. CBL seeks to
continuously strengthen 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/20230411005316/en/
Investor Contact: Katie Reinsmidt, Executive Vice President
& Chief Investment Officer, 423.490.8301,
Katie.Reinsmidt@cblproperties.com Media Contact: Stacey Keating,
Vice President– Corporate Communications, 423.490.8361,
Stacey.Keating@cblproperties.com
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