People: Public Storage (PSA)

PSA on New York Consolidated

166.08USD
12 Sep 2014
Price Change (% chg)

$-5.10 (-2.98%)
Prev Close
$171.18
Open
$170.81
Day's High
$170.93
Day's Low
$165.69
Volume
1,062,034
Avg. Vol
497,918
52-wk High
$178.26
52-wk Low
$147.14

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Summary

Name Age Since Current Position

Ronald Havner

56 2011 Chairman of the Board of Trustee, President, Chief Executive Officer

John Reyes

53 1996 Chief Financial Officer, Senior Vice President

Shawn Weidmann

50 2011 Chief Operating Officer, Senior Vice President

Candace Krol

52 2005 Senior Vice President - Human Resources

David Doll

55 2005 Senior Vice President; President - Real Estate Group

Steven Glick

57 2010 Senior Vice President, Chief Legal Officer

Gary Pruitt

2011 Lead Independent Trustee

Tamara Gustavson

52 2008 Trustee

Uri Harkham

65 1993 Independent Trustee

B. Wayne Hughes

54 1998 Trustee

Avedick Poladian

63 2010 Independent Trustee

Ronald Spogli

65 2010 Independent Trustee

Daniel Staton

61 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. He joined Public Storage in 1986. Mr. Havner has been Chairman of the Board of Public Storage’s affiliate, PS Business Parks, Inc. (“PSB”), since March 1998 and is a director of Business Machine Security, Inc. He is the 2014 Chairman of the Board of Governors of NAREIT.

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 Chief Operating Officer, Senior Vice President of Public Storage. 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.

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.

Steven Glick

Mr. Steven M. Glick is Senior Vice President, Chief Legal Officer of Public Storage. From April 2005 until joining Public Storage, Mr. Glick was Senior Vice President and General Counsel, Americas for Technicolor (NYSE:TCH), a services, systems and technology company. Mr. Glick is leaving the employment of the Company by March 2015.

Gary Pruitt

Mr. Gary E. Pruitt is Lead Independent Trustee of Public Storage. He is Chairman of the Audit Committee and a member of the Nominating/Corporate Governance Committee. He became a member of the Board of Public Storage in August 2006 in connection with the merger of Shurgard Storage Centers, Inc. with Public Storage. Mr. Pruitt was previously a director of Shurgard until the company was acquired by Public Storage. Mr. Pruitt retired as the Chairman of Univar N.V., a chemical distribution company based in Bellevue, Washington, with distribution centers in the United States, Canada and Europe, on November 30, 2010. Mr. Pruitt joined Univar in 1978 and was appointed Chairman and Chief Executive Officer in 2002. Mr. Pruitt retired as CEO of Univar in October 2009. Mr. Pruitt is also a member of the Board of Directors of Public Storage’s affiliate, PSB, and Itron, Inc. (a global technology company) and Esterline Technologies Corp. (a specialized manufactory company), all NYSE-listed companies.

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, and 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. She is the sister of B. Wayne Hughes, Jr., also a Trustee, and the daughter of B. Wayne Hughes, former Chairman of the Board. The Hughes family together owns approximately 15.7% of the outstanding common shares of Public Storage.

Uri Harkham

Mr. Uri P. Harkham is Independent Trustee of Public Storage, since 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. 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, former Chairman of the Board. The Hughes family together owns approximately 15.7% of the outstanding common shares of Public Storage.

Avedick Poladian

Mr. Avedick B. Poladian is Independent Trustee of Public Storage, since 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 he joined in 2003 that is active in commercial, residential and hospitality property investment, management and development. Mr. Poladian was with Arthur Andersen from 1974 to 2002 and is a certified public accountant (inactive). He is also a director and member of the Audit Committee of Occidental Petroleum Corporation and Western Asset Funds (Western Asset Income Fund, Western Asset Premier Bond Fund and Western Asset Funds, Inc.). He is also a director of the YMCA of Metropolitan Los Angeles.

Ronald Spogli

Mr. Ronald P. Spogli is Independent Trustee of Public Storage, since February 2010. Mr. Spogli co-founded Freeman Spogli & Co., a private investment firm, in 1983. He rejoined Freeman Spogli & Co. in June 2009 after having 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 and 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 of White Bridge Investments, an Italian investment company.

Daniel Staton

Mr. Daniel C. Staton is Independent Trustee of Public Storage, since March 1999. He is Chairman of Staton Capital, an investment and venture capital company, and was from November 2004 until December 2013 the Chairman and Co-Chief Executive Officer of FriendFinder Networks Inc., a print and electronic media company. Mr. Staton is also Chairman of Armour Residential REIT, Inc. (NYSE: ARR) since November 2009. He was elected Chairman of Javelin Mortgage Investments, Inc. (NYSE: JMI) in October 2012.

Basic Compensation

Name Fiscal Year Total

Ronald Havner

9,199,200

John Reyes

9,362,000

Shawn Weidmann

1,686,520

Candace Krol

1,246,720

David Doll

2,433,240

Steven Glick

1,371,590

Gary Pruitt

--

Tamara Gustavson

--

Uri Harkham

--

B. Wayne Hughes

--

Avedick Poladian

--

Ronald Spogli

--

Daniel Staton

--
As Of 30 Dec 2013

Options Compensation

Name Options Value

Ronald Havner

514,000 15,898,040

John Reyes

252,000 10,464,620

Shawn Weidmann

0 0

Candace Krol

70,000 3,958,800

David Doll

80,000 3,161,230

Steven Glick

15,000 896,771

Gary Pruitt

0 0

Tamara Gustavson

0 0

Uri Harkham

0 0

B. Wayne Hughes

0 0

Avedick Poladian

0 0

Ronald Spogli

0 0

Daniel Staton

0 0
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