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Public Storage Announces Hiring of Chris Sambar as Chief Operating Officer

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Public Storage (NYSE:PSA) has announced the appointment of Chris Sambar as its new Chief Operating Officer. Sambar, a former President at AT&T Communications, brings extensive leadership experience to the company. His background includes various leadership roles at AT&T since 2002, as well as service as a United States Navy SEAL. Sambar's focus on people, strategy, and innovation aligns with Public Storage's operations across more than 5,900 employees, 3,400 branded properties, and two million customers.

Joe Russell, Public Storage's CEO, expressed excitement about Sambar's proven success and leadership. Sambar himself commented on Public Storage's respected position in the real estate industry and its transformation of the operating model through digital innovation. He looks forward to furthering innovation and advancing operating strategies to meet growing customer needs while enhancing employee growth and engagement.

Public Storage (NYSE:PSA) ha annunciato la nomina di Chris Sambar come nuovo Chief Operating Officer. Sambar, ex Presidente di AT&T Communications, porta una vasta esperienza di leadership all'interno dell'azienda. Il suo background include vari ruoli di leadership in AT&T dal 2002, oltre a un servizio come Navy SEAL degli Stati Uniti. L'attenzione di Sambar per persone, strategia e innovazione si allinea con le operazioni di Public Storage, che conta più di 5.900 dipendenti, 3.400 proprietà a marchio e due milioni di clienti.

Joe Russell, CEO di Public Storage, ha espresso entusiasmo per il successo e la leadership dimostrati da Sambar. Lo stesso Sambar ha commentato la posizione rispettata di Public Storage nell'industria immobiliare e la sua trasformazione del modello operativo attraverso l'innovazione digitale. È ansioso di portare avanti l'innovazione e migliorare le strategie operative per soddisfare le crescenti esigenze dei clienti, migliorando al contempo la crescita e l'engagement dei dipendenti.

Public Storage (NYSE:PSA) ha anunciado el nombramiento de Chris Sambar como nuevo Director de Operaciones. Sambar, ex Presidente de AT&T Communications, aporta una amplia experiencia en liderazgo a la empresa. Su trayectoria incluye varios roles de liderazgo en AT&T desde 2002, así como un servicio como SEAL de la Marina de los Estados Unidos. El enfoque de Sambar en personas, estrategia e innovación está alineado con las operaciones de Public Storage, que cuenta con más de 5,900 empleados, 3,400 propiedades de marca y dos millones de clientes.

Joe Russell, CEO de Public Storage, expresó su entusiasmo por el éxito probado y el liderazgo de Sambar. El propio Sambar comentó sobre la respetada posición de Public Storage en la industria inmobiliaria y su transformación del modelo operativo a través de la innovación digital. Espera avanzar en la innovación y mejorar las estrategias operativas para satisfacer las crecientes necesidades de los clientes, al tiempo que mejora el crecimiento y la participación de los empleados.

퍼블릭 스토리지 (NYSE:PSA)는 크리스 삼바르를 새로운 최고 운영 책임자로 임명했다고 발표했습니다. 삼바르는 AT&T 커뮤니케이션의 전 사장으로, 회사에 광범위한 리더십 경험을 제공합니다. 그의 경력에는 2002년부터 AT&T에서의 다양한 리더십 역할과 미 해군 SEAL로서의 서비스가 포함됩니다. 사람, 전략 및 혁신에 대한 삼바르의 집중은 5,900명 이상의 직원, 3,400개 브랜드 속성 및 200만 고객을 보유한 퍼블릭 스토리지의 운영과 일치합니다.

퍼블릭 스토리지의 CEO인 조 러셀은 삼바르의 검증된 성공과 리더십에 대해 흥분을 표현했습니다. 삼바르 자신은 퍼블릭 스토리지가 부동산 산업에서 존중받는 위치에 있음을 언급하며 디지털 혁신을 통한 운영 모델의 변화를 강조했습니다. 그는 고객의 증가하는 요구를 충족시키고 직원의 성장 및 참여를 강화하는 운영 전략을 발전시키고 혁신을 계속해 나가기를 기대합니다.

Public Storage (NYSE:PSA) a annoncé la nomination de Chris Sambar au poste de Directeur des opérations. Ancien président d'AT&T Communications, Sambar apporte une vaste expérience en leadership à l'entreprise. Son parcours comprend divers postes de direction chez AT&T depuis 2002, ainsi qu'un service dans les Navy SEAL des États-Unis. L'accent mis par Sambar sur les personnes, la stratégie et l'innovation s'aligne sur les opérations de Public Storage, qui compte plus de 5 900 employés, 3 400 propriétés de marque et deux millions de clients.

Joe Russell, PDG de Public Storage, a exprimé son enthousiasme concernant le succès éprouvé et le leadership de Sambar. Sambar lui-même a commenté la position respectée de Public Storage dans l'industrie immobilière et sa transformation du modèle opérationnel grâce à l'innovation numérique. Il se réjouit de pouvoir continuer à innover et à faire avancer les stratégies opérationnelles pour répondre aux besoins croissants des clients tout en améliorant la croissance et l'engagement des employés.

Public Storage (NYSE:PSA) hat die Ernennung von Chris Sambar zum neuen Chief Operating Officer bekannt gegeben. Sambar, ehemaliger Präsident von AT&T Communications, bringt umfangreiche Führungserfahrung in das Unternehmen ein. Sein Werdegang umfasst verschiedene Führungsrollen bei AT&T seit 2002 sowie den Dienst als Navy SEAL der Vereinigten Staaten. Sambars Fokus auf Menschen, Strategie und Innovation stimmt mit den Abläufen von Public Storage überein, das mehr als 5.900 Mitarbeiter, 3.400 Markenimmobilien und zwei Millionen Kunden beschäftigt.

Joe Russell, CEO von Public Storage, äußerte sich begeistert über Sambars nachgewiesenen Erfolg und seine Führungskompetenzen. Sambar selbst kommentierte die angesehene Position von Public Storage in der Immobilienbranche und die Transformation des Betriebsmodells durch digitale Innovation. Er freut sich darauf, Innovationen voranzutreiben und die Betriebsstrategien weiterzuentwickeln, um den wachsenden Kundenbedürfnissen gerecht zu werden und das Wachstum sowie das Engagement der Mitarbeiter zu fördern.

Positive
  • Appointment of experienced leader Chris Sambar as new Chief Operating Officer
  • Potential for fresh perspectives and strategies to benefit the company
  • Alignment of new COO's focus with company's operational needs
  • Continued emphasis on innovation and digital customer experience
Negative
  • None.

GLENDALE, Calif.--(BUSINESS WIRE)-- Public Storage (NYSE:PSA; the “Company”) announced today that Chris Sambar has joined the Company as Chief Operating Officer.

Mr. Sambar brings significant leadership experience to Public Storage. Most recently, he was President at AT&T Communications and led approximately 27,000 employees across network operations. Prior to this role, he served in various leadership positions, including sales, operations, and corporate strategy, since joining AT&T in 2002. Mr. Sambar is a former United States Navy SEAL and has undergraduate and graduate degrees from the United States Naval Academy and the University of Southern California, respectively.

Mr. Sambar’s focus on people, strategy, and innovation will be directly complementary as he leads operations across Public Storage’s more than 5,900 employees, 3,400 branded properties, and two million customers.

“We are excited about the proven success, leadership, and character that Chris brings to the Public Storage team,” said Joe Russell, Public Storage’s Chief Executive Officer. “His fresh perspectives and strategies will serve Public Storage and our stakeholders well into the future.”

“Public Storage is a highly respected real estate industry leader,” said Mr. Sambar. “The Company has transformed its operating model as it innovates and implements the self-storage industry’s first comprehensive digital customer experience and corporate ecosystem. I am excited to work alongside leaders throughout the Company as we further innovate and advance our operating strategies to meet an ever-growing customer base, while continuing to enhance employee growth and engagement within Public Storage.”

About Public Storage

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2024, we had: (i) interests in 3,049 self-storage facilities located in 40 states with approximately 219 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels:SHUR), which owned 281 self-storage facilities located in seven Western European nations with approximately 16 million net rentable square feet operated under the Shurgard® brand. Our headquarters are located in Glendale, California.

Ryan Burke

(818) 244-8080, Ext. 1141

Source: Public Storage

FAQ

Who is the new Chief Operating Officer of Public Storage (PSA)?

Chris Sambar has been appointed as the new Chief Operating Officer of Public Storage (NYSE:PSA).

What is Chris Sambar's professional background before joining Public Storage (PSA)?

Chris Sambar was previously the President at AT&T Communications, where he led approximately 27,000 employees across network operations. He has held various leadership positions at AT&T since 2002 and is also a former United States Navy SEAL.

How many properties and customers does Public Storage (PSA) currently manage?

Public Storage (PSA) currently operates across 3,400 branded properties and serves two million customers.

What is Public Storage's (PSA) current position in the self-storage industry?

Public Storage (PSA) is a leading REIT in the self-storage industry, with interests in 3,049 self-storage facilities across 40 U.S. states and a 35% equity interest in Shurgard Self Storage in Western Europe.

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