Joseph Russell is President and Chief Executive Officer of Public Storage (PSA). The company reported total compensation of $9,909,777 for fiscal year 2025.
| Salary | $1,000,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $3,982,371 |
| Option awards | $2,907,583 |
| Non-equity incentive plan | $2,005,823 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $14,000 |
| Total | $9,909,777 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Public Storage filed March 27, 2026, accession 0001193125-26-128991.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $1,000,000 | $0 | $3,982,371 | $2,907,583 | $2,005,823 | $0 | $14,000 | $9,909,777 |
| FY2024 | President and Chief Executive Officer | $1,000,000 | $0 | $4,010,813 | $2,882,613 | $1,590,000 | $0 | $18,800 | $9,502,226 |
| FY2023 | President and Chief Executive Officer | $900,000 | $0 | $3,165,047 | $2,473,044 | $2,220,000 | $0 | $18,200 | $8,776,291 |
| FY2022 | President and Chief Executive Officer | $800,000 | $0 | $3,977,156 | $3,062,086 | $1,350,000 | $0 | $12,200 | $9,201,442 |
Totals as disclosed in each year's own compensation disclosure for Public Storage.
| Peer-group chief executive median | $14,186,887 |
|---|---|
| Difference from that median | $-4,277,110 |
| Percentile within the disclosed peer group | 19th |
| Peers with a disclosed figure | 21 |
Medians and percentiles are computed across the peer group Public Storage discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Joseph Russell this page | President and Chief Executive Officer | $9,909,777 |
| H. Thomas Boyle | Chief Financial and Investment Officer | $6,189,000 |
| Chris Sambar | President, Chief Operating Officer | $4,737,207 |
| Natalia Johnson | President, Chief Digital & Transformation Officer | $4,599,592 |
| Nathaniel Vitan | Chief Legal Officer and Corporate Secretary | $2,447,115 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Public Storage compensation brief.
Joseph Russell's compensation sits inside Public Storage's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.