Public Storage Appoints Maria R. Hawthorne to Expanded Board

The latest update is out from Public Storage (PSA).

Public Storage’s Board of Trustees has expanded to twelve members, promptly appointing Maria R. Hawthorne to the Board with her term ending at the 2025 annual shareholders’ meeting. She will also serve on the Audit Committee and is deemed independent according to NYSE and SEC standards. Hawthorne received an equity award of 9,806 AO LTIP Units and will be compensated on par with other non-employee trustees. Her appointment is backed by a standard indemnification agreement, without any disclosed conflicts of interest.

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