Joe Margolis, CEO of Extra Space Storage Inc., a self-storage real estate investment trust (REIT) and third-party management company, was awarded a 2019 “Employees’ Choice Award” from Glassdoor, a job and recruiting website. The annual honor recognizes the top CEOs in the United States, according to a press release.
Glassdoor enables current and former employees to anonymously review companies and their management. When someone submits a review on the website, he’s asked to rate various factors about his employment experience, including the job the company’s CEO is doing. Among the approximately 900,000 employers reviewed on Glassdoor, the average CEO approval rating is below 70 percent. Margolis has a 94 percent rating from nearly 400 anonymous and voluntary reviews in the past year.
“I am honored to know that the employees of Extra Space trust me and the direction of our company,” said Margolis, who’s been with the REIT for 14 years, serving as CEO since 2017. “With nearly 4,000 employees operating in 40 states, I don't have the opportunity to work alongside everyone personally every day, so I believe this award is a reflection of our employees’ support and approval of the company culture and trajectory, and not necessarily of me individually. I’m grateful to be part of a deeply talented team who make Extra Space such a great place to work.”
Extra Space was named on the list of “America’s Best Midsize Employers by “Forbes” magazine in April. It was also recently named one of the “Best Places to Work” and “Utah Business Best Companies to Work For” by Glassdoor.
“It’s a privilege to recognize incredible leaders who, from their employees’ perspectives, exemplify exceptional vision, trust and communication,” said Christian Sutherland-Wong, Glassdoor President and Chief Operating Officer. “Today's job-seekers are looking for leaders who share their values and will empower them to bring their full selves to work.”
Headquartered in Salt Lake City, Extra Space owns or operates 1,696 self-storage properties nationwide and in Puerto Rico. The company’s properties comprise approximately 1.2 million units and 130 million square feet of rentable space.
PR Newswire, Extra Space Storage CEO Joe Margolis Named a Glassdoor Top CEO in 2019