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Public Storage Announces Management Change in Operations

^{Published on 2010-06-25 14:21:27 - Market Wire}
 

GLENDALE, Calif.--([ BUSINESS WIRE ])--Ronald L. Havner, Jr., President and Chief Executive Officer of Public Storage (NYSE:PSA), announced today that Mark C. Good, Senior Vice President and Chief Operating Officer, has decided for personal reasons to return to the San Francisco Bay area to pursue new business opportunities. His departure from the Company is expected by year end. aWe thank Mark for his service to Public Storage and his efforts to improve our sales and service processes,a said Mr. Havner, who added, aWe wish him the best in his future endeavors.a

"We wish him the best in his future endeavors."

Company Information

Public Storage, a member of the S&P 500 and The Forbes Global 2000, is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates self-storage facilities. The Companya™s headquarters are located in Glendale, California. At March 31, 2010, the Company had interests in 2,009 self-storage facilities located in 38 states with approximately 127 million net rentable square feet in the United States and 188 storage facilities located in seven Western European nations with approximately ten million net rentable square feet operated under the aShurgarda brand. The Company also owns a 41% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 20.5 million rentable square feet of commercial space, primarily flex, multi-tenant office and industrial space, at June 2, 2010.

Additional information about Public Storage is available on the Internet. The Companya™s web site is [ www.publicstorage.com ].