GLENDALE, Calif.--(BUSINESS WIRE)--
Public Storage (NYSE:PSA) announced today that Shawn Weidmann has joined
Public Storage as Senior Vice President and Chief Operating Officer
reporting to Ronald L. Havner, Jr., the Company’s President and Chief
Executive Officer.
Prior to joining Public Storage, Mr. Weidmann was employed at Teleflora
LLC, the world’s leading floral wire service, where he served as
President since 2006. In this position, he had responsibility for global
operations including marketing, training and technology support for more
than 18,000 member florists as well as the supporting service and
technology centers. Shawn received his B.S. in Civil Engineering from
the United States Military Academy, West Point and M.B.A. from Stanford
University.
“During his tenure at Teleflora, Shawn drove profitable growth for three
years running during the worst retail environment in decades while
competitors were reporting declines,” said Mr. Havner. “His ability to
build great teams, passion for sales and customer service excellence and
understanding of how to leverage technology have enabled Shawn to
achieve results and create long-term value. We are pleased to have Shawn
join our management team and bring his broad business experience and
knowledge to Public Storage.”
Company Information
Public Storage, a member of the S&P 500, The Forbes Global 2000 and FT
Global 500, is a fully integrated, self-administered and self-managed
real estate investment trust that primarily acquires, develops, owns and
operates self-storage facilities. The Company’s headquarters are located
in Glendale, California. At June 30, 2011, the Company had interests in
2,054 self-storage facilities located in 38 states with approximately
130 million net rentable square feet in the United States and 189
storage facilities located in seven Western European nations with
approximately ten million net rentable square feet operated under the
“Shurgard” brand. The Company also owns a 41% common equity interest in
PS Business Parks, Inc. (NYSE:PSB) which owned and operated
approximately 21.9 million rentable square feet of commercial space,
primarily flex, multi-tenant office and industrial space, at June 30,
2011.
Additional information about Public Storage is available on the
Internet. The Company’s web site is www.publicstorage.com.
Source: Public Storage
Contact:
Public Storage
Clemente Teng
(818) 244-8080, Ext. 1141