Self-Storage REIT Public Storage Adds New Member to Board of Trustees

Public Storage Inc., a self-storage real estate investment trust (REIT), has appointed Leslie S. Heisz, 56, as an independent trustee to its board. Heisz’s term began Feb. 23 and expands the board to nine trustees, six of whom are independent, according to a press release.

Public Storage Inc., a self-storage real estate investment trust (REIT), has appointed Leslie S. Heisz, 56, as an independent trustee to its board. Heisz’s term began Feb. 23 and expands the board to nine trustees, six of whom are independent, according to a press release.

"We are pleased to welcome Leslie to the Public Storage Board of Trustees," said Ronald L. Havner Jr., chairman and CEO. "Her diverse blend of experience across a number of industries [and] encompassing a variety of disciplines will be a resource to our board.”

Heisz has a background in investment banking and finance, having worked as an executive with Lazard Freres & Co., Salomon Brothers, Wasserstein Perella & Co. and others. She has dedicated her career to board service since 2010, the release stated. She currently serves on the boards for Edwards Lifesciences Corp. and Kaiser Permanente, and recently concluded terms with Ingram Micro Inc. and Towers Watson.

Heisz holds bachelor's and master's degrees from the University of California, Los Angeles.

Based in Glendale, Calif., Public Storage has interests in 2,348 self-storage facilities in 38 states, with approximately 154 million net rentable square feet. Operating under the Shurgard brand name, the company also has 219 facilities in seven European countries, with approximately 12 million net rentable square feet.

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