National Storage Affiliates Trust said Tamara Fischer will be its new CEO, adding to her position as president of the self-storage real estate investment trust.

Fischer will take over the CEO role from founder Arlen Nordhagen, who is transitioning to executive chairman from chairman. Fischer will also join the REIT's board as a trustee.

The company appointed Senior Vice President and Chief Accounting Officer Brandon Togashi as executive vice president and CFO.

The changes will take effect Jan. 1, 2020.