People: Public Storage (PSA)

PSA on New York Consolidated

197.48USD
27 Mar 2015
Change (% chg)

$0.90 (+0.46%)
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Volume
606,651
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Summary

Name Age Since Current Position

Ronald Havner

57 2011 Chairman of the Board of Trustee, President, Chief Executive Officer

John Reyes

54 1996 Chief Financial Officer, Senior Vice President

Shawn Weidmann

51 2011 Chief Operating Officer, Senior Vice President

Candace Krol

53 2005 Senior Vice President - Human Resources

Lily Hughes

2015 Senior Vice President, Chief Legal Officer, Corporate Secretary

David Doll

56 2005 Senior Vice President; President - Real Estate Group

Gary Pruitt

65 2011 Lead Independent Trustee

Tamara Gustavson

53 2008 Trustee

Uri Harkham

66 1993 Independent Trustee

B. Wayne Hughes

55 1998 Trustee

Avedick Poladian

2010 Independent Trustee

Ronald Spogli

66 2010 Independent Trustee

Daniel Staton

62 1999 Independent Trustee

Biographies

Name Description

Ronald Havner

Mr. Ronald L. Havner, Jr., is Chairman of the Board of Trustee, President, Chief Executive Officer of Public Storage. Mr. Havner joined Public Storage in 1986 and held a variety of senior management positions. Mr. Havner has been Chairman of the Board of Public Storage’s affiliate, PS Business Parks, Inc. (PSB), since March 1998. Mr. Havner also serves as a director of AvalonBay Communities, Inc. and California Resources Corp. Mr. Havner was the 2014 Chairman of the Board of Governors of the National Association of Real Estate Investment Trusts, Inc. (NAREIT). Mr. Havner’s qualifications for the Board include his extensive leadership experience and Company and industry knowledge. As the only trustee who is also a member of the Public Storage executive management team, Mr. Havner provides management’s perspective in Board discussions about the operations and strategic direction of the Company.

John Reyes

Mr. John Reyes is Chief Financial Officer, Senior Vice President of Public Storage. He joined Public Storage in 1990 and was Controller of Public Storage from 1992 until December 1996 when he became Chief Financial Officer. He became a Vice President of Public Storage in November 1995 and a Senior Vice President of Public Storage in December 1996. From 1983 to 1990, Mr. Reyes was employed by Ernst & Young as a certified public accountant.

Shawn Weidmann

Mr. Shawn L. Weidmann is no longer Chief Operating Officer, Senior Vice President of Public Storage., effective April 17, 2015 Prior to joining Public Storage, Mr. Weidmann was employed at Teleflora LLC, the world’s leading floral wire service, where he served as President since 2006.

Candace Krol

Ms. Candace N. Krol is Senior Vice President - Human Resources of Public Storage. From 1985 until joining Public Storage, Ms. Krol was employed by Parsons Corporation, a global engineering and construction firm, where she served in various management positions, most recently as Vice President of Human Resources for the Infrastructure and Technology global business unit.

Lily Hughes

Ms. Lily Yan Hughes is Senior Vice President, Chief Legal Officer, Corporate Secretary of the Company. Ms. Hughes was Vice President and Associate General Counsel-Corporate, M&A and Finance and also Assistant Corporate Secretary at Ingram Micro, a Fortune 100 NYSE company with operations in 39 countries and 21,000 employees, which she joined in 1997. Before joining Ingram Micro, Ms. Hughes was a partner in the Los Angeles office of Manatt, Phelps and Phillips. Ms. Hughes received her B.A. in Political Science from the University of California at Berkeley and J.D. from the University of California Berkeley’s Boalt Hall School of Law.

David Doll

Mr. David F. Doll is Senior Vice President of Public Storage and President - Real Estate Group of Public Storage. With responsibility for the real estate activities of Public Storage, including property acquisitions, developments, redevelopments and capital improvements.

Gary Pruitt

Mr. Gary E. Pruitt is Lead Independent Trustee of Public Storage. Mr. Pruitt is the Lead Independent Trustee of the Board and a member of the Audit Committee and the Nominating/Corporate Governance Committee. He became a member of the Board in August 2006 in connection with the merger of Shurgard Storage Centers, Inc. with Public Storage. Mr. Pruitt retired as Chairman of Univar N.V., a chemical distribution company based in Bellevue, Washington, with distribution centers in the United States, Canada and Europe in November 2010 and retired as Chief Executive Officer in October 2009. He joined Univar in 1978. Previously, Mr. Pruitt was a chartered accountant with Arthur Andersen & Co. from 1973 through 1977. Mr. Pruitt is a member of the Board of Directors of PSB, Itron, Inc. (a global technology company) and Esterline Technologies Corp. (a specialized manufactory company)—all NYSE-listed companies. Mr. Pruitt’s qualifications for election to the Board include his leadership and financial experience as chairman and chief executive officer of a multi-national company and all the business attributes required of that position, along with operational and manufacturing expertise through his various other management positions held with Univar. Mr. Pruitt’s public accounting financial background qualifies him as one of the Company’s Audit Committee financial experts and provides the Board expert perspective in financial management and analysis. His other public board experiences also provide strategic and global perspectives on our business.

Tamara Gustavson

Ms. Tamara Hughes Gustavson is Trustee of Public Storage. She was previously employed by Public Storage from 1983 to 2003, serving most recently as Vice President–Administration. During the past five years, Ms. Gustavson has been engaged in charitable and community activities. Her business experience has included supervising her personal financial and business investments. Ms. Gustavson also serves on the Board of Directors of the USC-CHLA Institute for Pediatric Clinical Research. Ms. Hughes Gustavson is our largest single shareholder and a member of the Hughes family (the Hughes Family) that collectively owns approximately 15.4% of the Company’s Common Stock. She is the sister of B. Wayne Hughes, Jr., also a trustee, and the daughter of B. Wayne Hughes, Chairman Emeritus and the Company’s Co-Founder. Ms. Hughes Gustavson’s qualifications for election to the Board include her previous managerial experience at Public Storage and her ongoing investment and charitable board experience.

Uri Harkham

Mr. Uri P. Harkham is Independent Trustee of Public Storage, since March 1993. Since 1978, Mr. Harkham is a member of the Compensation Committee, became a member of the Board in March 1993. Since 1978, Mr. Harkham has been the Chief Executive Officer of Harkham Family Enterprises, a real estate firm specializing in buying and rebuilding retail and mixed use real estate throughout Southern California. Until his retirement in 2011, Mr. Harkham was also President and Chief Executive Officer of Harkham Industries, which specialized in the design, manufacture and marketing of women’s clothing under its four labels, Harkham, Hype, Jonathan Martin and Johnny Martin, since its organization in 1974.

B. Wayne Hughes

Mr. B. Wayne Hughes, Jr., is Trustee of Public Storage, since January 1998. Mr. Hughes, Jr. became a member of the Board in January 1998. He was employed by Public Storage from 1983 to 2002, serving as Vice President–Acquisitions of Public Storage from 1992 to 2002. Mr. Hughes, Jr. is the founder and an officer of American Commercial Equities, LLC and its affiliates, companies engaged in the acquisition and operation of commercial properties in California. He is the brother of Tamara Hughes Gustavson, also a trustee, and the son of B. Wayne Hughes, Chairman Emeritus and the Company’s Co-Founder. The Hughes Family together owns approximately 15.4% of the Company’s Common Stock. Mr. Hughes, Jr.’s qualifications for election to the Board include his extensive experience in the real estate industry, including previous management experience at Public Storage. He continues to play an active role in family real estate investment activities and brings that expertise to Board discussions.

Avedick Poladian

Mr. Avedick B. Poladian is Independent Trustee of Public Storage, since February 2010. Since 2007, Mr. Poladian is Chair of the Audit Committee of our Board (the Audit Committee) and the Nominating/Corporate Governance Committee, and he became a member of the Board in February 2010. Since 2007, Mr. Poladian has been Executive Vice President and Chief Operating Officer for Lowe Enterprises, Inc., a diversified national real estate company that he joined in 2003. Mr. Poladian was with Arthur Andersen from 1974 to 2002 and is a certified public accountant (inactive). He serves as a director of two funds managed by Western Asset Management Funds, a director of Occidental Petroleum Corporation, and a director of California Resources Corp. Mr. Poladian is also a member of the Board of Councilors of the University of Southern California School of Policy, Planning and Development, the Board of Advisors of the Ronald Reagan UCLA Medical Center and the YMCA of Metropolitan Los Angeles. Mr. Poladian qualifies as one of the Company’s Audit Committee financial experts and provides the Board expert perspective in financial management and analysis. Having served in a senior management position at one of the world’s largest accounting firms, combined with his experience as Chief Operating Officer and Chief Financial Officer of a diversified real estate company, Mr. Poladian has extensive knowledge of the real estate industry, key business issues, including personnel and asset utilization, in addition to all aspects of fiscal management. Through his experience with other public companies, Mr. Poladian brings valuable insights into our business and corporate governance generally.

Ronald Spogli

Mr. Ronald P. Spogli is Independent Trustee of Public Storage, since February 2010. Mr. Spogli is a member of the Compensation Committee and the Nominating/Corporate Governance Committee and he became a member of the Board in February 2010. Mr. Spogli co-founded Freeman Spogli & Co., a private investment firm, in 1983. He served as the United States Ambassador to the Italian Republic and the Republic of San Marino from August 2005 until February 2009. Mr. Spogli is a trustee of Stanford University and of the J. Paul Getty Trust, a member of the Investment Committee of the California Institute of Technology, a director of Grandpoint Capital Inc., a bank holding company, a member of the Board of Directors of SAVE, S.p.A., which operates the Venice Marco Polo Airport, and a member of the Board of Directors of White Bridge Investments, an Italian investment company. Mr. Spogli’s qualifications for election to the Board include his broad-ranging board and executive responsibilities for a variety of companies engaged in consumer businesses in which the firm of Freeman Spogli & Co. has investments. In addition, Mr. Spogli’s experience in government and international relations provides helpful insight in the European countries where Public Storage has investments.

Daniel Staton

Mr. Daniel C. Staton is Independent Trustee of Public Storage, since March 1999. Mr. Stanton is Chairman of the Compensation Committee and a member of the Audit Committee, and he became a member of the Board in March 1999. Mr. Staton founded Staton Capital LLC, an investment and venture capital firm, in 2003 and serves as Chairman and Managing Director. From November 2004 until December 2013, Mr. Staton was the Chairman and Co-Chief Executive Officer of FriendFinder Networks Inc., a print and electronic media Company. Mr. Staton has served as Chairman and Director of Armour Residential REIT (NYSE: ARR) (Armour) since 2009 and served as President and Chief Executive Officer of Enterprise Acquisition Corp. from its inception in 2007 until its merger with Armour Residential REIT. Mr. Staton has also served as Chairman of the Board of Javelin Mortgage Investment Corp (NYSE: JMI) (Javelin), a mortgage REIT, since 2012. Mr. Staton’s qualifications for election to the Board include his extensive real estate industry experience. He also brings his leadership, operational and financial experience as Chairman of Armour and Javelin to the Board. Mr. Staton’s extensive financial investment experience qualifies him as one of the Company’s Audit Committee financial experts. His other public board experiences provide strategic and operational perspectives on our business.

Basic Compensation

Name Fiscal Year Total

Ronald Havner

9,009,200

John Reyes

9,242,700

Shawn Weidmann

2,917,700

Candace Krol

2,578,100

Lily Hughes

--

David Doll

4,550,800

Gary Pruitt

--

Tamara Gustavson

--

Uri Harkham

--

B. Wayne Hughes

--

Avedick Poladian

--

Ronald Spogli

--

Daniel Staton

--
As Of  30 Dec 2014
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