CBL & Associates Properties CEO Charles Lebovitz's 2007 pay slips 13% to $1.6M

CBL & Associates Properties reports 2007 executive compensation

By ExecPay News

Published: March 27, 2008

CBL & Associates Properties reported fiscal year 2007 executive compensation information on March 27, 2008.
In 2007, five executives at CBL & Associates Properties received on average a compensation package of $1.2M, a 4% decrease compared to previous year.
Average pay of disclosed executives at CBL & Associates Properties
Charles B. Lebovitz, Chief Executive Officer, received $1.6M in total, which decreased by 13% compared to 2006. 72% of Lebovitz's compensation, or $1.1M, was in stock awards. Lebovitz also received $4.1K in option awards, $442K in salary, as well as $5.6K in other compensation.
John N. Foy, Chief Financial Officer, received a compensation package of $1.4M, which decreased by 1% compared to previous year. 77% of the compensation package, or $1.1M, was in stock awards.
Stephen D. Lebovitz, Secretary, earned $1.4M in 2007, which is about the same as previous year.
Augustus N. Stephas, Chief Operating Officer, received $849K in 2007, which increases by 8% compared to 2006.
Eric P. Snyder, Former Senior Vice President – Director of Corporate Leasing, earned $781K in 2007, a 7% decrease compared to previous year.

Related executives

Charles Lebovitz

CBL & Associates Properties

Chairman

John Foy

CBL & Associates Properties

Chief Financial Officer

Stephen Lebovitz

CBL & Associates Properties

Chief Executive Officer

Eric Snyder

CBL & Associates Properties

Former Senior Vice President – Director of Corporate Leasing

Augustus Stephas

CBL & Associates Properties

Chief Operating Officer

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Source: SEC filing on March 27, 2008.