American Homes 4 Rent announced that the Board of Trustees appointed Kenneth M. Woolley as independent Chairman of the Board effective May 7, 2020. Tamara Hughes Gustavson, former Chairman of the Board, will continue to serve as a trustee on the Board. Mr. Woolley, 73, joined the Company's Board at its inception in 2012. He is the founder and former CEO of Extra Space Storage, Inc, where he currently serves as its Chairman. Ms. Gustavson is stepping down as Chairman for personal reasons as her time commitments to other activities have increased significantly over the past year.