Self-Storage REIT Public Storage Responds to Elliott Management
Jan 08, 2021 Update 1/8/21 – Following engagement with company shareholders, including funds advised by Elliott Investment Management L.P., Public Storage has appointed Michelle “Meka” Millstone-Shroff and Rebecca Owen to its board, and named Neithercut as the new lead independent trustee replacing Gary E. Pruitt, who has retired. The REIT has also established a long-term planning committee to advise the board on planning, strategic growth, capital allocation and capital-structure management, according to a press release. The planning committee will be chaired by Joe Russell, president ...