Joe Margolis, Extra Space Storage CEO, recently won a Glassdoor Employees’ Choice Award honoring the Top CEOs in 2019. Glassdoor, one of the world’s largest job and recruiting sites, released its annual award recognizing the Top CEOs, which highlights top leaders that employees love working for.
Among chief executives recognized by employees in the U.S., Margolis received an impressive approval rating based on the anonymous and voluntary reviews Extra Space employees shared on Glassdoor throughout the past year. Margolis has been the CEO at Extra Space Storage since 2017 and has 14 years of experience at Extra Space.
“I am honored to know that the employees of Extra Space trust me and the direction of our company,” said Margolis. “With nearly 4,000 employees operating in 40 states, I don’t have the opportunity to work alongside everyone personally every day – so I believe this award is a reflection of our employees’ support and approval of the company culture and trajectory, and not necessarily of me individually. I’m grateful to be part of a deeply talented team who make Extra Space such a great place to work.”
When employees submit reviews about their company on Glassdoor, they are asked to rate various factors about their employment experience, as part of these ratings, employees are also asked to rate the job their CEO is doing. Among the approximately 900,000 companies reviewed on Glassdoor, the average CEO approval rating is below 70 percent. Margolis has a 94 percent approval rating with nearly 400 reviews.
“It’s a privilege to recognize incredible leaders who, from their employees’ perspectives, exemplify exceptional vision, trust and communication,” said Christian Sutherland-Wong, Glassdoor president and chief operating officer. “Today’s job seekers are looking for leaders who share their values and will empower them to bring their full selves to work.”
When asked about his career journey with Extra Space, Margolis said, “When I first started working with Extra Space, we had 12 properties. I’ve enjoyed watching it grow to 1,700 properties and become an S&P 500 company with over a billion dollars in yearly revenue. We’ve had amazing growth, but through it all, the company maintains the same values it did when we were a small company with 12 stores: Integrity, Excellence, Innovation, Teamwork and Passion.”