8-KLeadership ChangesExhibits & Filings

Public Storage 8-K Report, Executive Changes (Jan 4, 2011)

Summary

This 8-K filing from Public Storage (PSA), dated January 3, 2011, reports the retirement of a long-standing Board of Trustees member, Harvey Lenkin. Mr. Lenkin, who had served on the board since 1991 and was part of the Audit and Nominating/Corporate Governance Committees, retired effective January 3, 2011, at the age of 74. The company has filed a press release related to this announcement as an exhibit to this report. For investors, this event primarily signals a change in board composition. While Mr. Lenkin's tenure was significant, his retirement does not appear to be related to any adverse company events or performance issues, as indicated by the filing and the nature of the announcement. The filing also confirms the submission of the related press release as an exhibit, providing further context for the board change.

Key Highlights

  • 1Harvey Lenkin, a Board of Trustees member since 1991, has retired.
  • 2Mr. Lenkin's retirement was effective January 3, 2011.
  • 3Mr. Lenkin was 74 years old at the time of his retirement.
  • 4He was a member of the Audit Committee.
  • 5He was a member of the Nominating/Corporate Governance Committee.
  • 6The company filed a press release announcing Mr. Lenkin's retirement as an exhibit (Exhibit 99.1).
  • 7The event date was December 28, 2010, and the filing date was January 3, 2011.

Frequently Asked Questions

The main event is the retirement of Mr. Harvey Lenkin from Public Storage's Board of Trustees, effective January 3, 2011.

Mr. Lenkin had served on the Board of Trustees since 1991, which is approximately 20 years.

The filing states that Mr. Lenkin advised the company of his decision to retire, and he was 74 years old. No other specific reasons beyond retirement were disclosed in this filing.

Mr. Lenkin was a member of the Audit Committee and the Nominating/Corporate Governance Committee.