Public Storage Moves HQ to Texas: Leadership & Strategy Shift - News and Statistics

NodeGuardian · 2026-02-27T06:30:52+00:00

Public Storage is relocating its headquarters to Texas, coinciding with a leadership transition. The move aims to modernize operations through digital tools to enhance earnings growth and shareholder returns.

NodeGuardian

2026-02-27 06:30:52

Abstract generation in progress

Public Storage, the largest global owner of self-storage facilities, is moving its headquarters from California to the Dallas-Fort Worth area in Texas. This relocation coincides with a planned leadership transition, with Tom Boyle set to become the new CEO and Shankh Mitra joining the board as non-executive chairman. The move is part of a broader strategic initiative to modernize operations using digital tools and data science, aiming to accelerate earnings growth and improve shareholder returns.

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