Joseph D. Russell, Jr. is the President and CEO of Public Storage, taking the reins in January 2019. He joined Public Storage back in 2002 and has seen many changes in the company. His past experience includes being the CEO...

Joseph D. Russell, Jr. is the President and CEO of Public Storage, taking the reins in January 2019. He joined Public Storage back in 2002 and has seen many changes in the company. His past experience includes being the CEO of PS Business Parks for over a decade. His pay for 2023 was $8.88 million, which combines his $1 million salary, bonuses tied to the company's performance, and stock awards. In fact, his compensation is closely linked to the company's growth, with strong incentives for hitting key financial targets. In terms of leadership, Joe focuses on growth strategies and long-term goals, which gives value to shareholders. Interestingly, while he does hold options, none vested last year, showing his commitment to long-term performance rather than chasing quick wins. Joe studied business at UC Berkeley, a strong foundation that has likely helped him navigate the self-storage industry.