Jay Lynne Fleming, president and CEO of CVL Investments Ltd., is up for election as a director of StorageVault Canada Inc., which operates self-storage facilities throughout Canada. The vote will occur during the company’s annual shareholder meeting on May 30. Longtime director Rob Duguid isn’t seeking re-election, according to a press release. Following the vote, Fleming will be added to the five-person board.
After helping the Great Canadian Casino Co. Ltd. grow into a public company in 1997, Fleming entered the self-storage industry in 1999. She served as president and CEO of Storage for Your Life Solutions Inc., where she led a series of land and business acquisitions, development and financing. StorageVault acquired the company’s four-property portfolio in September 2015 for $52.5 million. The facilities comprised approximately 300,000 rentable square feet in more than 3,000 units.
Fleming currently serves on the acquisition committee for StorageVault and is an active member of the buildings and grounds committee for Mulgrave School in West Vancouver, Canada.
“We are excited to add Jay’s extensive industry experience, public-markets knowledge and operational expertise to our team,” said Steven Scott, who serves as CEO and a director. “On behalf of the board, shareholders and all stakeholders of StorageVault, we would like to thank Rob for his dedication, commitment, time and effort as a director of StorageVault. Rob has been with StorageVault as a director since 2009 and has been a valuable member of our team as we have grown throughout that period. We wish Rob all the best in the future.”
StorageVault shareholders will also have the opportunity to reaffirm board members. Up for re-election are Scott, Iqbal Khan, Al Simpson and Blair Tamblyn.
StorageVault operates several self-storage facilities in Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Quebec and Saskatchewan.
Source:
GlobeNewswire, StorageVault Announces Jay Lynne Fleming as Nominee for Director
