Noah Springer Elevated to President of Extra Space Storage: A New Chapter Begins

Noah Springer Promoted to President of Extra Space Storage

In a significant move for the company, Extra Space Storage Inc. announced the promotion of Noah Springer from Executive Vice President to President, effective January 5, 2026. This elevation is not just a title change; it symbolizes the trust and confidence the Board of Directors has in Springer’s leadership abilities and vision. His contribution over nearly two decades has been pivotal in the company’s strategic initiatives and operational success.

Mr. Springer has played a crucial role at Extra Space Storage since he joined in 2006, bringing with him valuable experience from his years in the banking industry. His extensive background includes leadership positions in acquisitions, asset management, and the innovative third-party management platform, Management Plus. This platform has become a leader in the storage sector, boasting over 1,800 managed locations across the United States.

Joe Margolis, the Chief Executive Officer of Extra Space Storage, praised Springer by acknowledging his impressive track record and deep understanding of the storage operations, saying, "Noah has been an exceptional leader and a significant contributor to our company's strategy, growth, and culture for nearly 20 years." Margolis emphasized Springer's unique abilities to engage employees and visualize operational strategies that have helped shape Extra Space Storage into a high-performing entity in the real estate investment trust (REIT) industry.

With this new promotion, Mr. Springer’s responsibilities will extend to overseeing all operational functions, broadening his influence on the company's future direction. His historical role in the human resources department and various strategic initiatives positions him as a well-rounded leader who understands both the operational intricacies and the human element necessary for business success.

Springer holds a Bachelor’s degree in Finance and an MBA from the University of Utah. His educational background complements his vast professional experience, making him a fitting candidate for the presidency.

As a prominent figure in the company, Springer will be representing Extra Space Storage alongside Margolis and other executive team members at the KeyBanc Capital Markets Self Storage Investor Forum happening in New York on January 8, 2026. This event will highlight the company’s commitment to growth and innovation in the self-storage industry.

Extra Space Storage, headquartered in Salt Lake City, is not only a leader in self-storage solutions but also a member of the S&P 500, owning and operating a vast network of 4,238 self-storage properties with a rentable space of approximately 326.9 million square feet.

In conclusion, Noah Springer’s promotion is a landmark moment for Extra Space Storage. His well-rounded expertise and experience are anticipated to steer the company towards continued success in the ever-evolving landscape of storage solutions. As the company evolves, the industry and stakeholders alike will be watching closely to see how Springer shapes the future of Extra Space Storage, as they have consistently set the standard in providing secure and convenient storage for customers nationwide.