Joseph (Joe) D. Margolis is the CEO of Extra Space Storage, Inc., a company he has led since January 1, 2017. With an impressive background in real estate investment, Margolis co-founded Arsenal Real Estate Funds and previously held senior positions...
Joseph (Joe) D. Margolis is the CEO of Extra Space Storage, Inc., a company he has led since January 1, 2017. With an impressive background in real estate investment, Margolis co-founded Arsenal Real Estate Funds and previously held senior positions at Prudential Real Estate Investors. He is a Harvard College and Columbia Law School graduate, which speaks to his strong educational foundation. Under his leadership, the company has seen substantial growth in its performance metrics, although his total compensation in 2022 was reported at around $11.6 million, reflecting a strategy focused on long-term shareholder value. Margolis has a notable track record in managing portfolio investments and aligning executive pay with performance-based metrics, which means he prioritizes the financial health of the organization. In terms of personal wealth tied to the company, his insider trading activity shows a significant engagement, with stock values fluctuating between $12.73 million and $40.51 million over recent years. These figures highlight his strong commitment to aligning his interests with those of the shareholders, showing he is invested in the company's success.