other
confidence high
sentiment neutral
materiality 0.20
Public Storage shareholders elect 11 trustees; say-on-pay and auditor ratified
Public Storage
- 11 trustees elected with board reduced to 11; Havner, Pipes, Williams each received >145M votes for.
- Advisory vote on executive compensation approved: 147.2M for, 5.3M against, 8.7M broker non-votes.
- Ernst & Young ratified as independent auditor for FY2024: 152.6M for, 9.1M against.
- Committee chairs appointed: Pipes (Audit), Poladian (Compensation), Spogli (Nominating); Pipes named Lead Independent Trustee.
- All results from May 7, 2024 Annual Meeting; effective same day.