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Public Storage (PSA)

-NYSE
172.28 Up 0.21(0.12%) Apr 17, 4:00PM EDT
|After Hours : 172.28 0.00 (0.00%) Apr 17, 4:29PM EDT
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Public Storage
701 Western Avenue
Glendale, CA 91201
United States - Map
Phone: 818-244-8080
Website: http://www.publicstorage.com

Details 
Index Membership:N/A
Sector:Financial
Industry:REIT - Industrial
Full Time Employees:5,200

Business Summary 

Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. The company’s self-storage facilities offer storage spaces for lease on a month-to-month basis for personal and business use. Public Storage also has interests in commercial properties containing commercial and industrial rental space; facilities that lease storage containers; and ancillary operations, which include reinsurance of policies against losses to goods stored by its self-storage tenants, retail operations comprising merchandise sales and truck rental operations. As of December 31, 2008, the company had interests in 2,012 self-storage facilities with approximately 127 million net rentable square feet in 38 states; and 181 self-storage facilities with approximately 10 million net rentable square feet in 7 western European nations. It also had direct and indirect equity interests in approximately 21 million net rentable square feet of commercial space located in 11 states in the U.S. As a REIT, the company would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Public Storage was founded in 1971 and is based in Glendale, California.

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Corporate Governance 
Public Storage’s ISS Governance QuickScore as of Apr 1, 2014 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 5; Compensation: 9.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Ronald L. Havner Jr., 56
Chairman, Chief Exec. Officer and Pres
3.01M0.00
Mr. Edward John Reyes , 53
Chief Financial Officer, Principal Accounting Officer and Sr. VP
2.41M0.00
Mr. Shawn L. Weidmann , 50
Chief Operating Officer and Sr. VP
1,000.00K713.00K
Ms. Candace N. Krol , 52
Sr. VP of HR
560.00K1.08M
Mr. David F. Doll , 55
Sr. VP and Pres of Real Estate Group
1.06M5.46M
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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