Extra Space Storage Inc.

DB:FG8 Stock Report

Market Cap: €35.9b

Extra Space Storage Management

Management criteria checks 3/4

Extrace Storage's CEO is Joe Margolis, appointed in Jan 2017, has a tenure of 7.67 years. total yearly compensation is $12.28M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €38.42M. The average tenure of the management team and the board of directors is 6 years and 5 years respectively.

Key information

Joe Margolis

Chief executive officer

US$12.3m

Total compensation

CEO salary percentage7.3%
CEO tenure7.7yrs
CEO ownership0.1%
Management average tenure6yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Margolis's remuneration changed compared to Extra Space Storage's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$802m

Mar 31 2024n/an/a

US$819m

Dec 31 2023US$12mUS$900k

US$802m

Sep 30 2023n/an/a

US$790m

Jun 30 2023n/an/a

US$822m

Mar 31 2023n/an/a

US$852m

Dec 31 2022US$12mUS$900k

US$859m

Sep 30 2022n/an/a

US$924m

Jun 30 2022n/an/a

US$891m

Mar 31 2022n/an/a

US$827m

Dec 31 2021US$7mUS$850k

US$826m

Sep 30 2021n/an/a

US$714m

Jun 30 2021n/an/a

US$641m

Mar 31 2021n/an/a

US$576m

Dec 31 2020US$7mUS$850k

US$481m

Sep 30 2020n/an/a

US$437m

Jun 30 2020n/an/a

US$431m

Mar 31 2020n/an/a

US$433m

Dec 31 2019US$6mUS$850k

US$419m

Sep 30 2019n/an/a

US$408m

Jun 30 2019n/an/a

US$431m

Mar 31 2019n/an/a

US$421m

Dec 31 2018US$4mUS$750k

US$415m

Sep 30 2018n/an/a

US$529m

Jun 30 2018n/an/a

US$492m

Mar 31 2018n/an/a

US$484m

Dec 31 2017US$4mUS$750k

US$478m

Compensation vs Market: Joe's total compensation ($USD12.28M) is above average for companies of similar size in the German market ($USD5.21M).

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

CEO

Joe Margolis (63 yo)

7.7yrs

Tenure

US$12,280,701

Compensation

Mr. Joseph Daniel Margolis, J.D. also known as Joe, serves as Independent Director of Invitation Homes Inc. since May 20, 2020. He has been the Chief Executive Officer of Extra Space Storage Inc. since Jan...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Margolis
CEO & Director7.7yrsUS$12.28m0.11%
$ 38.2m
P. Stubbs
Executive VP & CFO12.8yrsUS$3.72m0.077%
$ 27.5m
Zachary Dickens
Executive VP & Chief Investment Officer3.8yrsUS$3.50m0.0091%
$ 3.3m
Samrat Sondhi
Executive VP & Chief Marketing Officer4.3yrsUS$3.68m0.044%
$ 15.9m
Noah Springer
Executive VP and Chief Strategy & Partnership Officer3.8yrsUS$3.59m0.0072%
$ 2.6m
Matthew Herrington
Executive VP & COO4.3yrsUS$1.05m0.0050%
$ 1.8m
Grace Kunde
Senior VP of Accounting & Finance and Corporate Controller12.8yrsno data0.0063%
$ 2.2m
Gwyn McNeal
Executive VP & Chief Legal Officer11.2yrsUS$2.60m0.015%
$ 5.6m
Timothy Arthurs
Senior Vice President of Operationsno dataUS$203.12kno data
Jeffrey Norman
Senior Vice President of Capital Marketsno datano datano data

6.0yrs

Average Tenure

49yo

Average Age

Experienced Management: FG8's management team is seasoned and experienced (6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Margolis
CEO & Director7.3yrsUS$12.28m0.11%
$ 38.2m
Gary Crittenden
Independent Director4.6yrsUS$275.00k0.0027%
$ 969.6k
Mark Barberio
Independent Director1.2yrsno data0.0069%
$ 2.5m
Kenneth Woolley
Independent Chairman of the Board20.1yrsUS$500.00k0.19%
$ 68.5m
Spencer Kirk
Independent Director20.1yrsUS$240.00k0.45%
$ 160.9m
Susan Harnett
Independent Director1.2yrsno data0.0020%
$ 718.3k
Diane Olmstead
Independent Director10.8yrsUS$265.00k0.0042%
$ 1.5m
Joseph Saffire
Independent Director1.2yrsno data0.021%
$ 7.4m
Julia Ploeg
Independent Director3.8yrsUS$267.50k0.0023%
$ 815.2k
Joseph Bonner
Independent Director5.3yrsUS$260.00k0.0025%
$ 887.0k

5.0yrs

Average Tenure

65yo

Average Age

Experienced Board: FG8's board of directors are considered experienced (5 years average tenure).