Life Storage Inc., a leading national owner and operator of self storage properties, recently stated that pursuant to its succession plan announced in September of last year, that Joseph V. Saffire has been appointed the company’s Chief Executive Officer.
The appointment went into effect on March 1, 2019. He replaces David Rogers, who is retiring after serving in that capacity since 2012.
Saffire has been the company’s Chief Investment Officer since 2017. Prior to that, he held various executive leadership positions over a 20-year banking career with HSBC, Wells Fargo and First Niagara Financial Group, with extensive experience in commercial real estate, including self storage.
Rogers is one of four co-founders of the Company and has held various executive positions for 35 years. He is, and will remain, on the company’s Board of Directors.
He commented, “Joe, Andy (Andrew Gregoire, CFO) and Ed (Edward Killeen, COO) form a great leadership team, and have the talent and experience to continue to grow our Company’s portfolio and build value for our shareholders. I look forward to watching Life Storage thrive on their watch.”