Public Storage Announces the Appointment of a New Director
July 30 2019 - 03:02PM
Business Wire
Public Storage (NYSE:PSA) announced today that its Board of
Trustees appointed Tariq M. Shaukat to the Board of Trustees
effective July 30, 2019.
Mr. Shaukat, 47, is President of Partner and Industry Platforms
for Google Cloud at Google LLC, where he oversees operating and
customer-based initiatives to accelerate growth across all lines of
business, including analytics and machine learning. Mr. Shaukat was
previously President of Global Customer Operations, where he built
and led Google Cloud’s go-to-market operations, including sales,
customer support, and professional services.
Prior to joining Google LLC in 2016, Mr. Shaukat was Executive
Vice President and Chief Commercial Officer at Caesars
Entertainment Corporation, after initially joining the company in
2012 as Executive Vice President and Chief Marketing Officer. His
responsibilities included oversight of revenue management,
marketing, information technology, and analytics across all
business lines. Prior to Caesars Entertainment Corporation, Mr.
Shaukat was Partner at McKinsey & Company and held leadership
positions at various technology-based companies.
Mr. Shaukat has a Bachelor of Science and a Master of Science
from the Massachusetts Institute of Technology and a Master of
Science from Stanford University.
“We are pleased to welcome Tariq to the Board of Trustees. The
company and its shareholders will be well-served by his proven
leadership and unique perspective as the self-storage industry
landscape continues to evolve,” said Joe Russell, President and
Chief Executive Officer of Public Storage.
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 March 31, 2019, we had: (i) interests
in 2,444 self-storage facilities located in 38 states with
approximately 164 million net rentable square feet in the United
States, (ii) an approximate 35% common equity interest in Shurgard
Self Storage SA (Euronext Brussels:SHUR), which owned 231
self-storage facilities located in seven Western European nations
with approximately 13 million net rentable square feet operated
under the “Shurgard” brand, and (iii) an approximate 42% common
equity interest in PS Business Parks, Inc. (NYSE:PSB), which owned
and operated approximately 28 million rentable square feet of
commercial space at March 31, 2019. Our headquarters are located in
Glendale, California.
Additional information about Public Storage is available on the
Internet. The Company’s website is PublicStorage.com.
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