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Self-Storage REIT Public Storage Names Google Exec as New Trustee

Public Storage Inc., a publicly traded self-storage real estate investment trust and third-party management firm, has appointed Google executive Tariq M. Shaukat to its board of trustees. Shaukat, 47, officially joined the board on July 30, according to a press release.

“We are pleased to welcome Tariq to the board of trustees,” said Joe Russell, president and CEO. “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.”

Shaukat is president of partner and industry platforms for Google Cloud at Google LLC, where he oversees operational and customer-based initiatives, including analytics and machine learning. He was previously president of global customer operations, in which he led Google Cloud’s go-to-market operations for sales, customer support and other professional services, the release stated.

Prior to joining Google in 2016, Shaukat was executive vice president and chief commercial officer at Caesars Entertainment Corp. He joined Caesars in 2012 as executive vice president and chief marketing officer. He was previously a partner with consulting firm McKinsey & Co., where he held leadership positions at various technology-based companies.

Shaukat holds bachelor’s and master’s degrees from the Massachusetts Institute of Technology as well as a master’s from Stanford University.

Based in Glendale, Calif., Public Storage has interests in 2,444 self-storage facilities in 38 states, with approximately 164 million net rentable square feet. Operating under the Shurgard brand name, the company also has 231 facilities in seven European countries, with approximately 13 million net rentable square feet.

Source:
Public Storage, Public Storage Announces the Appointment of a New Director

TAGS: News REITs
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