Public Storage (PSA)

302.14 +7.50 (+2.55%) At close: 04:00PM EDT

Public Storage

701 Western Avenue
Glendale, CA 91201
United States
818-244-8080
https://www.publicstorage.com

Sector(s): Real Estate
Industry: REIT—Industrial
Full-time employees: 5,800

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Joseph D. Russell Jr.	CEO, Pres & Trustee	2.21M	N/A	1960
Mr. H. Thomas Boyle III	Sr. VP, Chief Investment Officer & CFO	1.52M	N/A	1984
Ms. Natalia N. Johnson	Sr. VP & Chief Admin. Officer	1.09M	N/A	1978
Mr. Nathaniel A. Vitan	Sr. VP, Chief Legal Officer & Corp. Sec.	904.1k	2.21M	1974
Mr. David Lee CFE	Chief Operating Officer	N/A	N/A	N/A
Mr. Michael Braine	Chief Technology Officer	N/A	N/A	N/A
Mr. Ryan C. Burke	VP of Investor Relations	N/A	N/A	N/A
David Collins	Head of Marketing & VP	N/A	N/A	N/A
Mr. John M. Sambuco	Pres of Asset Management	N/A	N/A	N/A
Mr. Steven H. Lentin	Exec. VP of Operations	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Our headquarters are located in Glendale, California.

Corporate governance

Public Storage’s ISS governance QualityScore as of 1 February 2023 is 3. The pillar scores are Audit: 1; Board: 9; Shareholder rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.