Sovran Self Storage is shuffling its top management, promoting longtime chief financial officer David Rogers to chief executive officer -- a post long held by Robert Attea, who is remaining as the Williamsville self-storage facility operator's executive chairman.
The changes, which will take effect March 1, are the first significant alterations in Sovran's top management since the company went public in 1995.
Kenneth F. Myszka, 62, will remain in the posts he has held since 1997 as Sovran's president and chief operating officer. Rogers, 56, has been with Sovran since it was founded in 1985 and has been its CFO since 1995. Attea, 70, has been Sovran's chairman and chief executive officer since 1995.
"Ken, Dave and I have worked as a close-knit team over the past 25 years, and we will continue to provide core management," said Attea. "These changes and promotions are designed to provide an orderly transition in the leadership of Sovran and a plan for the eventual succession of the firm's leadership."
Andrew Gregoire, who has been Sovran's vice president of finance since 1998, will succeed Rogers as chief financial officer. Gregoire, 44, is a certified financial accountant who was a senior manager at accounting firm Ernst & Young for nine years before joining Sovran.
The company also is promoting Paul Powell, who has been with Sovran since 1997 and worked closely with Attea in buying and selling self-storage properties for the firm, to executive vice president of real estate investment. Powell, 56, worked at a self-storage management firm in Virginia for 13 years before joining Sovran.
Edward Killeen, 48, who has been with Sovran since 1997 and worked with Myszka to oversee the company's marketing and operations, will be promoted to executive vice president of real estate management. Before joining Sovran, Killeen was a top manager for the Advantage Co.'s apparel business.