Life Storage Mourns Sudden Passing Of Alexander Gress, CFO; COO David Dodman To Add CFO Responsibilities
Portfolio Pulse from Benzinga Newsdesk
Life Storage's CFO, Alexander Gress, passed away unexpectedly on July 9, 2023. The company's board has appointed COO David Dodman as the new CFO, effective immediately. Dodman will continue to serve as COO in addition to his new CFO responsibilities.
July 11, 2023 | 8:33 pm
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Life Storage's CFO, Alexander Gress, passed away unexpectedly. COO David Dodman has been appointed as the new CFO, while also continuing in his role as COO.
The sudden passing of CFO Alexander Gress is a significant event for Life Storage. However, the immediate appointment of COO David Dodman as the new CFO, who will also continue in his current role, may help to maintain stability in the company's financial operations. The impact on the stock price is uncertain in the short term, as the market may react differently to this news.
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