Mike Duffy Joins Arcland as New Chief Financial Officer, Highlighting Strong Leadership

Mike Duffy Joins Arcland as Chief Financial Officer

Arcland, a prominent player in the real estate development and investment sector, is excited to announce the appointment of Mike Duffy as its new Chief Financial Officer (CFO). This strategic move is expected to boost Arcland's financial operations and support its ambition of becoming a leading name in the self-storage industry. Mike Duffy brings over 15 years of extensive experience in finance, most notably during his tenure at Hilton, where he held senior roles that shaped the financial landscape of the organization.

As the CFO of Arcland, Duffy will collaborate closely with the executive leadership team to refine financial strategies, improve reporting practices, and enhance asset and data management. His role will also encompass leading capital initiatives that will benefit not only Arcland but also its affiliate, Self Storage Plus Management. The joining of Duffy is seen as a valuable asset, as he possesses a wealth of financial knowledge that can guide the company through complex financial challenges.

CEO Noah Mehrkam expressed his enthusiasm regarding Duffy's appointment, stating, "We are thrilled to welcome Mike Duffy to Arcland. His deep financial knowledge and strategic leadership will be invaluable as we advance toward our long-term vision. Mike's expertise will elevate our financial operations and further reinforce Arcland's position as an industry leader."

In response, Duffy shared his excitement about joining Arcland, highlighting its unique value proposition in the self-storage sector. He stated, "Arcland presents a unique value proposition by leveraging expertise in developing, building, acquiring, and operating top-tier self-storage facilities. I am excited to partner with the team to build on the established track record of delivering great service for customers, maximizing performance of our facilities, and driving strong returns for investors."

Before taking up his role at Arcland, Duffy accumulated significant experience at Hilton, where he played a pivotal role in numerous strategic initiatives. This included leading finance and accounting transformations and managing extensive capital markets efforts, such as Hilton's IPO and other major transactions. His previous role as Chief Accounting and Risk Officer at Hilton underscores his capability in navigating complex financial landscapes, making him well-suited to lead Arcland’s financial operations.

Duffy's transition into his new role at Arcland reinforces the company’s commitment to pursuing its vision of being recognized as the most valuable private self-storage brand globally. With his focus on financial strategy, operational oversight, and risk management, Duffy's contributions are expected to significantly bolster Arcland's growth trajectory while cementing its commitment to innovation within the self-storage industry.

In conclusion, the appointment of Mike Duffy as CFO marks a new chapter for Arcland. With his proven track record and vast expertise, Duffy is poised to lead the company's financial strategy and operations. As Arcland continues to grow and expand its portfolio, his leadership will be critical in enhancing the company’s offerings and ensuring it remains at the forefront of the self-storage sector.