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Self-Storage REIT Public Storage Announces Management Changes

April 28, 2018

2 Min Read
Self-Storage REIT Public Storage Announces Management Changes

Public Storage Inc., a self-storage real estate investment trust (REIT), has promoted Natalia N. Johnson to senior vice president and chief human resources officer, and appointed Ryan C. Burke as vice president of investor services to replace the retiring Clemente Teng.

Johnson joined Public Storage in 2016. She has more than 18 years of leadership experience, including senior-management positions in human resources (HR), technology and operation with Bank of America, Coca-Cola and Countrywide Financial. In her HR roles, she was responsible for strategy and execution for talent acquisition and management, organizational and leadership development, compensation planning, employee relations, and HR information systems, according to a press release.

Teng, who is set to retire next month after 13 years with Public Storage, will turn over his role to Burke as the REIT’s primary contact with investors and shareholders as well as those of its affiliates, the release stated. Burke has nearly 15 years of experience in consulting, investment banking and equity research. He was most recently a senior analyst at Green Street Advisors LLC, where he led the firm’s coverage of the self-storage sector.

“Natalia’s multi-faceted experience will position her well for continued success at Public Storage,” said Ronald J. Havner Jr., CEO and board chair of Public Storage. “We are grateful to Clem for his meaningful contributions and commitment to the company, and wish him all the best in his well-deserved retirement. We welcome Ryan to the Public Storage team.”

Based in Glendale, Calif., Public Storage has interests in 2,392 self-storage facilities in 38 states, with approximately 159 million net rentable square feet. Operating under the Shurgard brand name, the company also has 223 facilities in seven European countries, with approximately 12 million net rentable square feet.

The Virginian-Pilot, Public Storage Announces Management Changes

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