John Foy Retires From CBL & Associates

Wednesday, December 12, 2012

CBL & Associates Properties, Inc. announced Wednesday that John N. Foy has retired as an officer of the organization and as a director and vice chairman of CBL's Board of Directors. He will remain to assist in this transition through the remainder of the year. Mr. Foy's retirement concludes a 44 year career with the CBL organization and its predecessor company, including 19 years of service as a director.

"Since John first joined my family's shopping center development company in 1968, his foresight and expertise has ensured that we were always in a position of financial strength and able to pursue new growth opportunities," said Charles B. Lebovitz, chairman of the Board. "John is well recognized and respected throughout the industry for his financial discipline and creative leadership. The strength of character with which John guides both his personal and professional life has established a culture within the CBL organization of integrity and excellence that will continue to guide our progress into the future. We appreciate his many years of significant contributions and wish him good health and continued success in his future endeavors." 

"I am proud of my role in helping to establish CBL as the remarkable organization that it is today," said Mr. Foy. "After 44 years, the decision to retire isn't easy, but I feel that we have a great management team in place to continue CBL's track record of outstanding growth. I look forward to having the time to pursue new interests and am confident that CBL will continue to produce excellent results for its shareholders."


Barn Wood Helps Convert Abandoned Grocery To Law Office On Cherokee Boulevard

When Tennessee law firm Davis, Kessler & Davis decided to expand by opening an office in Chattanooga, they considered many things most businesses would consider: location, accessibility, parking and one other thing - how some old Tennessee barn wood would look on the outside and inside of an old grocery store.   Residents couldn’t miss it every time they drove down ... (click for more)

Chattanooga Chamber Presents Business Calendar For April 24-28

MON/24 Ribbon Cutting for Oracle Wealth Management 10-10:30 a.m. Oracle Wealth Management: 6111 Shallowford Rd, Ste 101 Join the Chattanooga Chamber for a ribbon cutting at Oracle Wealth Management.   TUES/25 LCAA AM Regathering 7:30-9 a.m. The Camp House: 149 East ML King Boulevard Free.   TUES/25  ... (click for more)

Severe Storms Rake Chattanooga Area; Flash Flooding Possible

Severe storms raked through the Chattanooga area on Saturday. Sale Creek was one of the hardest hit areas. Storm damage on Cooper Road included two crushed cars. Trees were on homes and railroad tracks that are the main line between Chattanooga and Cincinnati. Cooper Road is near Lake Chickamauga. There was also damage along Providence Road at Sale Creek. ... (click for more)

Body Believed To Be A Woman Is Found On Lookout Mountain

Hunters found a decomposed human body on Saturday afternoon in a remote area off High Road, Cloudland, Walker County. Law enforcement believes the unidentified remains to be a female. It appears the body may have been at the location for four weeks. On March 19, a vehicle was found abandoned on private property in close proximity to where the body was located ... (click for more)

No Tax-Supported Entity Should Get Secrecy In Spending

A shadowy situation has emerged in Chattanooga with an organization that manages millions of taxpayer dollars with no transparency and such a surprising disregard for accountability that one wonders what it would take to wake up elected officials who are supposedly in charge. Welcome to the Chattanooga Area Convention and Visitors Bureau, whose lawyer threatened to sue the ... (click for more)

Roy Exum: Is Dr. Edwards The One?

Just hours after the chairman of the Hamilton County School Board emailed a list of 14 candidates on Friday afternoon to be considered as the next Superintendent of the 42,000-student system to the other board members, Dr. Nakia Edwards, an Assistant Commissioner with the Tennessee Department of Education, became the early “common sense” favorite. And, at first glance, she has ... (click for more)