Public Storage CEO Joseph Russell's 2019 pay jumps 96% to $4.3M
Public Storage reports 2019 executive compensation
By ExecPay News
Published: March 12, 2020
Public Storage reported fiscal year 2019 executive compensation information on March 12, 2020.
In 2019, five executives at Public Storage received on average a compensation package of $2.6M, a 70% increase compared to previous year.
Joseph D. Russell, Jr, Chief Executive Officer, received $4.3M in total, which increased by 96% compared to 2018. 62% of Russell's compensation, or $2.7M, was in stock awards. Russell also received $700K in non-equity incentive plan, $194K in option awards, $700K in salary, as well as $16K in other compensation.
H. Thomas Boyle, Chief Financial Officer, received a compensation package of $3.8M. 67% of the compensation package, or $2.5M, was in stock awards.
Natalia N. Johnson, Chief Human Resources Officer, earned $2.5M in 2019, a 97% increase compared to previous year.
Nathaniel A. Vitan, Chief Legal Officer, received $1.7M in 2019.
Lily Yan Hughes, Chief Legal Officer, earned $588K in 2019, a 47% decrease compared to previous year.