Public Storage

BOVESPA:P1SA34 Stock Report

Market Cap: R$331.2b

Public Storage Management

Management criteria checks 3/4

Public Storage's CEO is Joe Russell, appointed in Jul 2016, has a tenure of 8.42 years. total yearly compensation is $8.78M, comprised of 10.3% salary and 89.7% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth R$36.14M. The average tenure of the management team and the board of directors is 5.8 years and 5.7 years respectively.

Key information

Joe Russell

Chief executive officer

US$8.8m

Total compensation

CEO salary percentage10.3%
CEO tenure8.4yrs
CEO ownership0.01%
Management average tenure5.8yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Russell's remuneration changed compared to Public Storage's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$9mUS$900k

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$4b

Mar 31 2023n/an/a

US$4b

Dec 31 2022US$9mUS$800k

US$4b

Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$10mUS$800k

US$2b

Sep 30 2021n/an/a

US$1b

Jun 30 2021n/an/a

US$1b

Mar 31 2021n/an/a

US$1b

Dec 31 2020US$5mUS$700k

US$1b

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$1b

Dec 31 2019US$4mUS$700k

US$1b

Sep 30 2019n/an/a

US$1b

Jun 30 2019n/an/a

US$1b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$2mUS$600k

US$1b

Sep 30 2018n/an/a

US$1b

Jun 30 2018n/an/a

US$1b

Mar 31 2018n/an/a

US$1b

Dec 31 2017US$3mUS$600k

US$1b

Compensation vs Market: Joe's total compensation ($USD8.78M) is above average for companies of similar size in the BR market ($USD5.71M).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.

CEO

Joe Russell (64 yo)

8.4yrs

Tenure

US$8,776,291

Compensation

Mr. Joseph D. Russell Jr., also known as Joe, has been the President at Public Storage since July 1, 2016 and serves as its Chief Executive Officer and Director since January 01, 2019. Mr. Russell served a...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Russell
CEO, President & Trustee8.4yrsUS$8.78m0.011%
R$ 36.1m
H. Boyle
Senior VP5.9yrsUS$6.34m0.0058%
R$ 19.3m
Natalia Johnson
Senior VP & Chief Administrative Officer4.3yrsUS$4.87m0.0046%
R$ 15.3m
Nathaniel Vitan
Senior VP5.7yrsUS$2.60m0.0014%
R$ 4.5m
Kenneth Volk
Founderno datano datano data
Christopher Sambar
Chief Operationg Officerless than a yearno data0.0025%
R$ 8.2m
Nicholas Kangas
Executive VP of Finance & Accountingno datano datano data
Michael Braine
Chief Technology Officerno datano datano data
Ryan Burke
Vice President of Investor Relations6.6yrsno datano data
Nathan Tan
Senior Vice President of Human Resourcesno datano datano data
Steven Lentin
Executive Vice President of Operationsno datano datano data
Michael McGowan
Senior Vice President of Acquisitionsno datano datano data

5.8yrs

Average Tenure

50yo

Average Age

Experienced Management: P1SA34's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Russell
CEO, President & Trustee5.9yrsUS$8.78m0.011%
R$ 36.1m
Ronald Spogli
Independent Trustee14.8yrsUS$384.08k0.0069%
R$ 23.0m
Edward Reyes
Independent Trustee5.9yrsUS$364.08k0.089%
R$ 293.8m
Ronald Havner
Chairman of the Board Trustees22.9yrsUS$364.08k0.18%
R$ 602.0m
Paul Williams
Independent Trustee3.9yrsUS$379.08k0%
R$ 0
Maria Hawthorne
Trusteeless than a yearno data0.0048%
R$ 15.8m
Avedick Poladian
Independent Trustee14.8yrsUS$384.08k0.018%
R$ 59.0m
Rebecca Owen
Independent Trustee3.9yrsUS$371.58k0.00050%
R$ 1.7m
Tamara Gustavson
Independent Trustee16.1yrsUS$364.08k9.87%
R$ 32.7b
Tariq Shaukat
Independent Trustee5.4yrsUS$371.58k0.00047%
R$ 1.6m
Shankh Mitra
Independent Trustee3.9yrsUS$371.58k0.0045%
R$ 14.9m
Kristy Pipes
Lead Independent Trustee4.2yrsUS$389.08k0.0012%
R$ 4.1m

5.7yrs

Average Tenure

64yo

Average Age

Experienced Board: P1SA34's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 13:38
End of Day Share Price 2024/12/13 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Public Storage is covered by 43 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Richard MilliganBaird
Ross SmotrichBarclays