Public Storage Announces the Passing of Co-Founder and Chairman Emeritus B. Wayne Hughes
Public Storage (NYSE:PSA) today announced the passing of its co-founder and Chairman Emeritus, B. Wayne Hughes, on August 18, 2021.
In 1972, Mr. Hughes and Kenneth Q. Volk Jr. founded the Company, which has since grown into the world leader in self-storage, with equity interests in over 3,000 properties and over 200 million square feet.
Ron Havner, Chairman of the Board of Trustees, commented: "Wayne was my mentor in every sense of the word. His practical, no nonsense approach to business and natural ability to ‘think outside the box' were the keys to Public Storage's success. He continually pushed us to innovate, so we made lots of mistakes, but we learned, kept growing, and improved the
