Company News

Jeff Norman Named Chief Financial Officer at Extra Space Storage

Jeff Norman has been appointed Chief Financial Officer of Extra Space Storage. With over a decade of experience at the company, Jeff brings deep expertise in capital markets, treasury, and investor relations. He succeeds Scott Stubbs, who will retire at the end of the year after 25 years of service.

Written by Mike Beutler

Updated June 10, 2025

0008-00 insideEXR Jeff Norman

Extra Space Storage is pleased to announce that Jeff Norman, currently Senior Vice President of Capital Markets and Treasury, has been appointed as the company's next Chief Financial Officer, effective July 1, 2025.

Jeff will succeed Scott Stubbs, our Executive Vice President and CFO, who plans to retire at the end of this year after a 25-year career with Extra Space. Scott will continue serving on our executive committee through December 31, 2025, to support a smooth transition.

Jeff joined Extra Space in 2012 and has been part of our senior management team since 2014. Over the years, he's held leadership roles in finance, investor relations, capital markets, and treasury. He played a major role in launching our bridge loan program and developing our sustainability initiatives. Jeff has also led our risk management and public credit ratings efforts while serving as a key contact for investors, analysts, and financial partners.

Before joining Extra Space, Jeff spent over eight years with Zions Bank's National Real Estate Group. He holds a Master's in Business Administration and a Bachelor's in Finance from the University of Utah.

"We're excited to welcome Jeff to the executive team," said Joe Margolis, CEO of Extra Space Storage. "He's been intentionally prepared for this role and brings deep knowledge of our business and financial strategy. We have full confidence in his ability to lead our finance and accounting teams into the future."

We're also celebrating the long and impactful tenure of Scott Stubbs, who has served as CFO since 2011. Throughout his 25 years with Extra Space, Scott helped grow the company from under 100 locations to more than 4,000 nationwide and played a key role in building our strong balance sheet and investor relationships.

"Scott has made a tremendous impact on our company and our growth," said Margolis. "We're deeply grateful for his leadership, insight, and long-standing service."


Learn more about the executive leaders and Board of Directors at Extra Space Storage. Or find out how to join the team today!