EXECUTIVE MANAGEMENT TEAM AT DEVON SELF STORAGE

Chairman and Chief Executive Officer

Mr. Nitzberg co-founded Devon in 1988 and, as Chairman and Chief Executive Officer, is responsible for overseeing Devon’s overall operations. Mr. Nitzberg was responsible for formulating Devon’s original business plan, raising the venture capital to fund the company’s initial operations, assembling a staff of professionals and commencing Devon’s operations. 

Prior to co-founding Devon, Mr. Nitzberg co-founded Equitec Financial Group in 1973. Mr. Nitzberg served as a Director from Equitec’s inception and as President from 1977 until his departure when the company was sold in 1987. He was instrumental in growing the company to an organization with $4.5 billion in assets under management, of which $2 billion was in real estate, for 250,000 individual investors and 100 institutional clients. In 1983, Equitec made its initial public stock offering and, in 1984, was listed on the New York Stock Exchange. In 1987, a controlling interest in Equitec was sold, and Mr. Nitzberg left shortly thereafter. 

Mr. Nitzberg performed the following roles and holds these designations: 

• Mr. Nitzberg was a Member of the Board of Directors of the Self Storage Association, the national not-for-profit trade organization representing the self storage industry, from 2002 to 2007 and served as Chairman in 2006.
• Mr. Nitzberg received his B.S. in Agricultural Business Management from the University of California at Davis in 1968. 
• In 2015 Mr. Nitzberg was elected to the Self Storage Association Hall of Fame.
• In 2006 Mr. Nitzberg was the Founder of the Self Storage Insurance Associates, LTD, a Cayman Inland tenant reinsurance company and continues to serve as the Chairman & CEO.
• In 2016 Mr. Nitzberg was the Founder of Xercor Insurance Services, LLC, a US based tenant insurance agency and continues to serve as the Chairman & CEO. 

Senior Vice President – Operations

Mr. Amer joined the firm as Senior Vice President – Operations in Dec 2018. His responsibilities include all leasing, property management, personnel and revenue management activities. Prior to joining Devon, Mr. Amer was a Divisional Vice President with Extra Space Storage where he was responsible for turning around Sales and Operations for his respective division with locations across five states. Mr. Amer managed district managers across these key states to ensure smooth operations, to consistently review facilities, and ensure achievement of key operational goals and portfolio financial objectives. He is a graduate of Extra Space Storage’s Executive Development Plan. Prior to Extra Space, Mr. Amer held several management positions with several multi-service and hospitality companies managing multi-location operations and sales. Mr. Amer graduated from the University of Illinois at Chicago with a BS Business Management degree.

Prior to joining Devon, Mr. Amer held the following roles:

• Divisional Vice President, Extra Space Storage, 2014-2018
• Regional Vice President, Jiffy Lube, 2012-2014
• Master Franchisee (operating 120 locations), Quiznos Subs, 2003-2012

Senior Vice President – Acquisitions

Mr. Mackay is Devon’s Senior Vice President-Acquisitions, responsible for the development of market penetration, critical mass acquisition in primary target markets and sourcing transactions through local brokers, developers and principals. Mr. Mackay originally joined Devon in 1993 as Senior Vice President-Operations to develop an infrastructure to assimilate future acquisitions and manage growth. In this capacity, Mr. Mackay was instrumental in providing analysis for Devon’s target markets as well as creating marketing program for each acquisition. 

Mr. Mackay performed the following roles and holds these designations: 

• From 1999-2002 Mr. Mackay was assigned to Devon’s European headquarters in Amsterdam, Holland with responsibility for all self storage operations in Holland, France, and Germany. 
• Prior to Devon, Mr. Mackay was Senior Vice President-National Marketing for Energy Resources Inc. from 1991 to 1993, providing energy savings audits to identify potential savings. 
• Prior to Energy Resources Inc., Mr. Mackay was Senior Vice President-Operations for Equitec Properties Company from 1979 to 1991, responsible for overseeing brokerage and management. 
• Mr. Mackay holds a Certified Property Manager designation from the Institute of Real Estate Management. 
• Mr. Mackay attended California State University at Fullerton from 1975-1977. 

Senior Vice President – Asset Management

Mr. Humphrey joined Devon in February 1990 and is responsible for leading Devon’s asset management team.  In this role he conducts facility acquisition analysis, responds to investor questions, builds financial models, underwrites acquisitions and dispositions, negotiates financing terms, and conducts real estate tax assessment reviews and appeals.  Mr. Humphrey graduated from Saint Mary’s College with a B.S. in Accounting in 1981.

Mr. Humphrey performed the following roles and holds these designations:

• Director of Acquisition Audit and Property Taxes for Equitec Properties Company with commercial holdings of 26 million square feet located in 20 states 1985 – 1990,
• Marketing Representative for Sacramento Satellite Systems, an early satellite TV signal provider 1981 - 1985, 
• Senior Appraisal designation with the American Society of Appraisers (“ASA”),
• Senior Appraisal designation with the National Association of Real Estate Appraisers CCRA (Certified Commercial Real Estate Appraiser),
• Author of several real estate articles for various publications,
• Co-Instructor and co-creator of the National Self Storage Association Acquisition & Valuation Course offered around the country for the past ten years,
• Presenter on multiple topics at National Self Storage conferences.

Senior Vice President – General Counsel

Ms. Siclari joined Devon in June 2004 and is responsible for due diligence and legal aspects related to the acquisition, disposition and financing of assets. Ms. Siclari actively interfaces with senior partners, equity partners and lenders to ensure that all interested parties remain informed regarding legal and compliance issues relating to the respective self storage assets. 

Ms. Siclari performed the following roles and holds these designations: 

• Prior to joining Devon, Ms. Siclari worked in the telecommunication industry from 2002 to 2004 and was responsible for negotiating and reviewing telecommunication and commercial lease documents for Cingular. 
• During the previous 15 years, Ms. Siclari held several positions in the banking and financial services sectors, with experience in commercial and residential lending, in both the retail and wholesale markets.   
• Ms. Siclari has been an active member of the California State Bar Association since October 2001 with an emphasis on Real Property Law. 
• Ms. Siclari graduated from Chico State University with a Bachelor’s Degree in Political Science. 
• Ms. Siclari is a member of the American Bar Association. She received her law degree from John F. Kennedy University.

Senior Vice President – Controller

Ms. Marier is Devon's Senior Vice President-Controller and is responsible for all accounting functions. Ms. Marier joined Devon in January 1995 as an accounting supervisor and has held a number of accounting and due diligence positions since that time where she oversaw accounting, administration, and due diligence activities.

Ms. Marier has gained experience as:

• Vice President of Due Diligence at Devon’s European headquarters, 2000 – 2002
• Homestead Development employee, 1984 – 1990

Vice President – Construction

Shannon oversees all of Devon’s construction activities including renovations and additions to existing self storage assets and the conversion of non-self storage assets into state-of-the-art self storage facilities. Shannon joined Devon in September 2015 after working for nine years in construction trades, primarily in the construction of self storage facilities. Previously, he was the Project Manager for the construction company responsible for renovating Devon’s Fontaine Road location in Memphis, TN. Shannon comes from a family with a long history in the self storage construction business. From 2002 to 2006, Shannon served in the United States Marines.

Vice President – Operations

Mr. Gamm Joined Devon in January 2019 and is responsible for US store operations and team development, Prior to joining Devon Mr. Gamm was a Divisional Vice President of Operations for Heartland Automotive Services Inc where he was responsible for store operations throughout the Midwest. Mr. Gamm provided leadership and management for 10 district managers, 86 store managers, and 600 associates in multi-state operations. Over a 29-year career with Heartland Automotive, Mr. Gamm held positions ranging from District Manager, Regional Manager, Division Director, Regional Vice President and Divisional Vice President. Mr. Gamm attended Florissant Valley Community College from 1980-1982.

Vice President – Revenue Management

Mr. Vinciguerra joined Devon Self Storage in 2006. He is responsible for the revenue management operations of all U.S. locations. Prior to joining Devon, Mr. Vinciguerra was a District Manager with Shurgard Self Storage for three years. Before Shurgard, Mr. Vinciguerra spent four years with Public Storage managing a self storage district of 8 – 10 locations. From 1980 to 1999, he worked for Wendy’s Old Fashion Hamburgers, holding numerous positions, including District Manager.