Tom Boyle, Public Storage Chief Financial Officer, to Also Serve as Chief Investment Officer
January 03 2023 - 04:05PM
Business Wire
Public Storage (NYSE:PSA), the nation’s leading owner, acquirer,
developer, and operator of self-storage properties, announced today
that Tom Boyle, the Company’s Chief Financial Officer, has been
appointed to also serve as its Chief Investment Officer, effective
January 1, 2023. In addition to his role as Chief Financial
Officer, Mr. Boyle’s responsibilities as Chief Investment Officer
will include development, redevelopment, acquisitions, asset
management, and third-party management.
“We are pleased to have Tom serve as the Company’s Chief
Investment Officer, as well as our Chief Financial Officer,” said
Joe Russell, the Company’s President and Chief Executive Officer.
“Tom is an exceptional leader and has been instrumental in
diversifying our Company’s capital structure and laying a strong
financial foundation for growth. Tom has also played a critical
role in our capital allocation and investment decisions, and as
Chief Investment Officer, Tom will continue to leverage his deep
experience in finance and real estate and our industry-leading
balance sheet to advance our four-factor external growth strategy
to create long-term value for our shareholders.”
Mr. Boyle joined Public Storage in 2016, serving as Chief
Financial Officer, Operations, until his appointment as the
Company’s Chief Financial Officer in 2019. Prior to joining Public
Storage, Mr. Boyle served in roles of increasing responsibility
with Morgan Stanley since 2005, from analyst to his last role as
Executive Director, Equity and Debt Capital Markets. Mr. Boyle
holds a Bachelor of Arts in Economics from the University of Notre
Dame.
Company Information
Public Storage, a member of the S&P 500 and FT Global 500,
is a REIT that primarily acquires, develops, owns, and operates
self-storage facilities. At September 30, 2022, we had: (i)
interests in 2,836 self-storage facilities located in 40 states
with approximately 202 million net rentable square feet in the
United States and (ii) a 35% common equity interest in Shurgard
Self-Storage SA (Euronext Brussels:SHUR), which owned 259
self-storage facilities located in seven Western European nations
with approximately 14 million net rentable square feet operated
under the Shurgard® brand. Our headquarters are located in
Glendale, California.
Additional information about Public Storage is available on the
Company’s website at PublicStorage.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230103005711/en/
Ryan Burke (818) 244-8080, Ext. 1141
Public Storage (NYSE:PSA)
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