Public Storage announces leadership changes and headquarters move

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Go back to Public Storage announces leadership changes and headquarters move

Public Storage Announces PS4.0™ — A New Era of Leadership, Growth and Value Creation

February 12, 2026 4:05 PM EST

Public Storages Fourth Era of Leadership, PS4.0, Set to Launch PS Next Operating Platform, Value Creation Engine and Own It Culture with Strategic Alignment to Long-Term Value Creation

Tom Boyle to Succeed Joe Russell as Chief Executive Officer Effective April 1, 2026

Shankh Mitra to Succeed Ron Havner as non-executive Chairman of the Board Effective April 1, 2026

Shankh Mitra Invested $25 million and Ron Havner Invested $5 million in 10 Year Out-of-the-Money Options Demonstrating Their Confidence in and Commitment to the New Leadership... More