Life Storage, Inc. stated its succession plan announced in September of last year, that Joseph V. Saffire has been appointed the Company's Chief Executive Officer effective March 1, 2019. He replaces David Rogers, who is retiring after serving in that capacity since 2012. Mr. 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. Mr. Rogers is, and will remain, on the Company's Board of Directors.