Form 8-K · Current Report · Filed 2025-02-19
Prologis Announces CEO Transition with Retirement of Co-founder Hamid Moghadam
Prologis, Inc. announced on February 19, 2025, that Hamid R. Moghadam, its co-founder and CEO, will retire from his CEO role effective January 1, 2026, and continue as Executive Chairman. Daniel S. Letter, the current President of the company, will succeed Moghadam as CEO, effective the same date. Letter, who has been with Prologis since 2004, is well-regarded for his leadership in the company's growth. The transition is part of a planned succession strategy that ensures continuity and strategic direction for the company.
- Filer
- PLD PLD
- Filed
- Accession
- 0001193125-25-029178
- CIK
- 0001045609
- Signal
- High impact
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$121.31
Next session
-0.3%
Since filing
+19.2%
Latest close
$144.61
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Precedent
Previous filings from PLD reporting the same item, with the next session's move:
Exhibits (1)
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