Self-Storage REIT Life Storage Announces Executive Leadership Transition

Life Storage Inc., a self-storage real estate investment trust and management company, announced executive-leadership changes that’ll be effective Dec. 31. Chief operating officer Edward Killeen will retire. David Dodman, senior vice president of strategic planning and investor relations, will succeed him, according to a press release.

Killeen has held a variety of positions with Life Storage over his 24-year tenure including executive vice president of real estate management, vice president of sales and operations, and vice president of sales and marketing. He was named to his current position in 2015.

Dodman, who joined the company in 2018, is responsible for its revenue-management strategy and team. He launched an enterprise program-management function to identify, prioritize and lead execution of key operational and strategic projects, the release stated. He’s also led its environmental, social and governance strategy and initiatives.

Prior to joining Life Storage, Dodman held roles in corporate strategy, mergers and acquisitions, and operations at First Niagara Financial Group Inc., KeyCorp and Lockheed Martin Corp. He also worked in the corporate-finance and investment-banking departments at Legg Mason and Stifel Financial Corp. Dodman earned a bachelor’s degree from Loyola University Maryland and a master’s degree from the University of Maryland.

“We thank Ed for his contribution to Life Storage’s success over the last two decades, particularly as we’ve grown to more than 1,000 owned and managed stores nationwide. As a key member of our executive team, Ed played a significant part of our company's growth and innovation,” said CEO Joe Saffire. “I am pleased to have Dave Dodman assume the role of chief operating officer. Dave’s strategy and corporate development experience, coupled with his knowledge and understanding of the self-storage industry, will further enhance our capabilities to deliver top-notch, innovative self-storage solutions to our customers.”

Based in Buffalo, N.Y., Life Storage operates more than 1,000 self-storage facilities in 34 states. Its portfolio of owned and managed facilities comprises more than 71.4 million square feet.

Source:
Business Wire, Life Storage Inc. Announces Executive Leadership Transition