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Life Storage Management
Management criteria checks 3/4
Life Storage's CEO is Joe Saffire, appointed in Mar 2019, he has a tenure of 4.33 years. His total yearly compensation is $5.72M , comprised of 12.9% salary and 87.1% bonuses, including company stock and options. He directly owns 0.099% of the company’s shares, worth €10.21M. The average tenure of the management team and the board of directors is 12.5 years and 5.3 years respectively.
Key information
Joe Saffire
Chief executive officer
US$5.7m
Total compensation
CEO salary percentage
12.93%
CEO tenure
4.3yrs
CEO ownership
0.1%
Management average tenure
12.5yrs
Board average tenure
5.3yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Joe Saffire's remuneration changed compared to Life Storage's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2023
n/a
n/a
US$366m
Dec 31 2022
US$6m
US$740k
US$358m
Sep 30 2022
n/a
n/a
US$338m
Jun 30 2022
n/a
n/a
US$310m
Mar 31 2022
n/a
n/a
US$276m
Dec 31 2021
US$5m
US$680k
US$249m
Sep 30 2021
n/a
n/a
US$217m
Jun 30 2021
n/a
n/a
US$184m
Mar 31 2021
n/a
n/a
US$163m
Dec 31 2020
US$4m
US$600k
US$152m
Sep 30 2020
n/a
n/a
US$154m
Jun 30 2020
n/a
n/a
US$256m
Mar 31 2020
n/a
n/a
US$261m
Dec 31 2019
US$4m
US$509k
US$259m
Sep 30 2019
n/a
n/a
US$307m
Jun 30 2019
n/a
n/a
US$209m
Mar 31 2019
n/a
n/a
US$207m
Dec 31 2018
US$2m
US$342k
US$207m
Sep 30 2018
n/a
n/a
US$135m
Jun 30 2018
n/a
n/a
US$130m
Mar 31 2018
n/a
n/a
US$110m
Dec 31 2017
US$433k
US$55k
US$96m
Compensation vs Market: Joe's total compensation ($USD5.72M) is above average for companies of similar size in the German market ($USD4.25M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Saffire (53 yo)
4.3yrs
Tenure
US$5,722,466
Compensation
Mr. Joseph V. Saffire, also known as Joe, has been Director and Chief Executive Officer at Life Storage, Inc. since March 14, 2019, and March 1, 2019 respectively. Mr. Saffire was Chief Investment Officer...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Joseph Saffire
CEO & Director
4.3yrs
US$5.72m
0.099% € 10.2m
David Dodman
COO, CFO & Secretary
1.5yrs
US$1.59m
0.024% € 2.5m
Brent Maedl
Manager of Investor Relations
no data
no data
no data
Kate White
Senior Vice President of Human Resources & Corporate Communications
3.5yrs
no data
no data
John Rogers
Vice President of Business Development
30.5yrs
no data
no data
Christopher Laczi
Vice President of Marketing
7.6yrs
no data
no data
Michael Rogers
Senior Vice President of Real Estate
1.5yrs
no data
no data
Randy Hillman
Regional Vice President
19.5yrs
no data
no data
David Paolini
Vice President of Revenue Management
13.5yrs
no data
no data
Jeffrey O'Donnell
Vice President of Information Technology
23.5yrs
no data
no data
Christopher Runckel
Regional Vice President
12.5yrs
no data
no data
Kevin Driscoll
Vice President of Finance
18.5yrs
no data
no data
12.5yrs
Average Tenure
49yo
Average Age
Experienced Management: SOV's management team is seasoned and experienced (12.5 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Joseph Saffire
CEO & Director
4.3yrs
US$5.72m
0.099% € 10.2m
Mark Barberio
Independent Non-Executive Chairman
8.5yrs
US$306.50k
0.028% € 2.9m
David Rogers
Director
5.3yrs
US$209.00k
0.17% € 17.4m
Dana Hamilton
Independent Director
5.3yrs
US$226.82k
0.0045% € 464.8k
Edward Pettinella
Independent Director
5.3yrs
US$234.32k
0.027% € 2.8m
Stephen Rusmisel
Independent Director
11.2yrs
US$241.50k
0.021% € 2.2m
Susan Harnett
Independent Director
2.4yrs
US$226.50k
0.0037% € 386.1k
Arthur Havener
Independent Director
8.5yrs
US$236.79k
0.018% € 1.9m
5.3yrs
Average Tenure
63.5yo
Average Age
Experienced Board: SOV's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2023/07/21 08:00
End of Day Share Price
2023/07/19 00:00
Earnings
2023/03/31
Annual Earnings
2022/12/31
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.
* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Life Storage, Inc. is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.