PSA - Public Storage

NYSE - NYSE Delayed Price. Currency in USD

Public Storage

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

SectorReal Estate
IndustryREIT - Industrial
Full Time Employees5,600

Key Executives

NameTitlePayExercisedYear Born
Mr. Joseph D. Russell Jr.CEO, Pres & Trustee1.1MN/A1960
Ms. Lily Yan HughesSr. VP, Chief Legal Officer & Corp. Sec.560.8kN/A1963
Mr. B. Wayne Hughes Sr.Founder & Chairman EmeritusN/AN/A1934
Mr. H. Thomas Boyle IIICFO & Sr. VPN/AN/A1983
Mr. Steven LentinSr. VP & COON/AN/AN/A
Amounts are as of December 31, 2017 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.

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. The Company's headquarters are located in Glendale, California. At December 31, 2018, we had interests in 2,429 self-storage facilities located in 38 states with approximately 162 million net rentable square feet in the United States and we owned a 35.2% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), which owned 232 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand. We also own a 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 December 31, 2018.

Corporate Governance

Public Storage’s ISS Governance QualityScore as of March 1, 2019 is 8. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 8; Compensation: 8.

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 a 10 indicates higher governance risk.