Newport Beach, CA (PRWEB) February 24, 2012
Westport Properties Inc. (WPI) today announced that its board of directors has appointed Charles Byerly, previously its Chief Financial Officer, as President and Chief Executive Officer. In addition, Barry Hoeven remains Executive Chairman of the Board of Directors.
“The Board and I have complete confidence that Charles is the right person to lead Westport into its next phase of growth. We’ve experienced nearly double digit growth since 2009 and Charles has been instrumental leading us through that,” added Founder and Chairman Barry Hoeven. “Charles’s 7 years of service to Westport have been marked by integrity and results, and he has demonstrated an uncanny ability to build and lead a team of some of the most talented people in the industry. He has sound judgment in everything he does.”
As CFO, Byerly was previously responsible for all of the company’s acquisitions, financing and dispositions as well as investor relations. He also headed Westport’s third party management expansion from 5 facilities to 25 during 2010-2012.
Founded in 1985, Westport Properties is the parent company of US Storage Centers (USSC) and owns and operates 32 self storage facilities within 5 states. In addition WPI provides third party management services in five additional states for independent owners and institutions. The company’s portfolio of owned and managed properties totals nearly 4,000,000 square feet. WPI is also affiliated with Storage Network Advantage (SNA) which provides independent storage operators solutions once only attainable by larger operators.