Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

On March 13, 2020, Extra Space Storage Inc. (the "Company") announced that James Overturf will retire as the Company's Chief Marketing Officer, effective June 30, 2020.

The Company also announced that, in connection with Mr. Overturf's planned retirement, the Company's board of directors selected Samrat Sondhi, 45, to succeed Mr. Overturn as the Company's Chief Marketing Officer, effective June 30 2020. Mr. Sondhi has served as the Company's Chief Operations Officer since January 2014 and a member of the Company's senior management team since 2008 and has been with the Company since 2003. He has served in various roles including Divisional Vice President, covering core markets across the United States, and Senior Vice President Revenue Management, playing a key role in the evolution of pricing strategy and execution for the self-storage industry. Prior to joining the Company, Mr. Sondhi served as the Vice President Revenue Management for Storage USA for two years. Prior to joining Storage USA, Mr. Sondhi worked as a consultant with Deloitte Consulting from 2001 to 2002. Mr. Sondhi holds an M.B.A. degree from Carnegie Mellon University and a B.S. in electronics from Pune University, India.

Mr. Sondhi's annual base salary will continue to be $410,000 following his appointment as the Company's Chief Marketing Officer. In addition, he will remain eligible for an annual bonus, equity awards and other employee benefits in accordance with the Company's executive compensation program.

In addition, in connection with Mr. Sondhi's promotion to Chief Marketing Officer, the Company's board of directors selected Matthew Herrington, 39, to succeed Mr. Sondhi as the Company's Chief Operating Officer, effective June 30 2020. Mr. Herrington has served as the Company's Senior Vice President of Operations since May 2015 and has been with the Company since 2007. He has served in various roles including Divisional Vice President from September 2013 to April 2015, covering core markets across the United States, and Senior District Manager. Mr. Herrington holds an M.S. in Management from Baker University and a B.A. in Business Administration from the University of Nebraska - Kearney.

Mr. Herrington's annual base salary will be increased to $325,000 following his appointment as the Company's Chief Operating Officer. In addition, he will remain eligible for an annual bonus, equity awards and other employee benefits in accordance with the Company's executive compensation program.

Item 7.01. Regulation FD Disclosure.

On March 13, 2020, the Company issued a press release announcing Mr. Overturf's planned retirement, Mr. Sondhi's appointment as the Company's Chief Marketing Officer, effective June 30, 2020 and Mr. Herrington's appointment as the Company's Chief Operating Officer, effective June 30, 2020. A copy of the press release is attached hereto as Exhibit 99.1. The information contained in Item 7.01 of this current report, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits



  99.1        Press Release dated March 13, 2020.

  104       Cover Page Interactive Data File - the cover page XBRL tags are embedded
            within the Inline XBRL document.

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