Extra Space Storage Inc. (EXR), a real estate investment trust company, said on Monday that it has appointed its President, Noah Springer, as next chief executive officer with effect from January 1, 2027.
Subsequently, Joe Margolis will retire as CEO at the end of the year and serve as an adviser to Extra Space Storage's board.
Springer joined Extra Space in 2006 and became Chief Strategy and Partnership Officer in 2020. He was promoted to the role of president on January 1.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.