Item 5.02 Departure of Directors or Certain Officers; Election of Directors;


          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers.

(d) Pursuant to the recommendation of the Chairman of the Board and the Company's management, as well as the Board's Nominating/Corporate Governance Committee, the Board of Directors of CBL & Associates Properties, Inc. (the "Company") has appointed Michael A. Torres to the Board as an additional director of the Company, effective as of June 15, 2023. Mr. Torres also was appointed to serve as a member of the Company's Audit Committee.

Mr. Torres serves as Chief Executive Officer and portfolio manager of Adelante Capital Management, LLC, a minority-owned investment management firm focused on publicly traded real estate securities. Mr. Torres joined the firm in February 1995. Prior to joining Adelante, Mr. Torres was the Director of Real Estate Research and a portfolio manager for Wilshire Asset Management. At Wilshire, he created the Wilshire Real Estate Securities Index, widely recognized as the industry's performance benchmark.

Mr. Torres serves on the Board of Directors of Colovore LLC and Renova Therapeutics, Investment Committee for the Stern Grove Festival Foundation, and the BEE Partners LP Advisory Board. Mr. Torres received a B.A. in Architecture and an M.B.A. from University of California, Berkeley.

Mr. Torres does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of SEC Regulation S-K, and he will be compensated for his services as a director in accordance with the Company's standard compensation arrangements for non-employee directors as disclosed in the Company's 2023 Annual Meeting Proxy Statement. In connection with his appointment as director, the Company entered into a customary indemnification agreement with Mr. Torres substantially identical to the Company's indemnification agreements with each of its other independent directors.

Item 7.01 Regulation FD Disclosure.

On June 15, 2023, the Company issued a press release announcing Mr. Torres' appointment as a director, a copy of which is furnished as Exhibit 99.1 to this report.

Item 9.01 Financial Statements and Exhibits.





(d)     Exhibits

Exhibit Number Description

     99.1      Press Release - CBL Properties Welcomes Highly Regarded
               REIT Professional Michael A. Torres to its Board of
               Directors.
     104       Cover Page Interactive Data File (embedded within the
               Inline XBRL document)

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