Public Storage said that Shawn Weidmann has joined the real estate investment trust as chief operating officer.
After the markets closed on Monday, the Glendale self self-storage company said Weidmann also will hold the title of senior vice president. Before joining Public Storage, he was president of Teleflora LLC since 2006. He had responsibility for global operations including marketing, training and technology support for more than 18,000 member florists as well as service and technology centers.
“During his tenure at Teleflora, Shawn drove profitable growth for three years running during the worst retail environment in decades while competitors were reporting declines,” Ronald L. Havner Jr., Public Storage chief executive, said in a statement.
Shares had closed up $2.34, or 2 percent, to $122.45 on the New York Stock Exchange.