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Prologis ( (PLD) ) has provided an announcement.
Prologis announced a leadership transition with CEO Hamid R. Moghadam set to retire on January 1, 2026, after over four decades of leadership. Dan Letter, the current President, will succeed Moghadam as CEO and has been appointed to the Board of Directors as of February 19, 2025. This transition is part of Prologis’s strategic planning to ensure continued growth and leverage Letter’s extensive experience within the company.
More about Prologis
Prologis is a global leader in logistics real estate, providing infrastructure that supports global commerce by connecting digital and physical worlds. The company focuses on agile supply chains and clean energy solutions, aiming to help businesses operate more efficiently and sustainably.
YTD Price Performance: 16.35%
Average Trading Volume: 4,130,583
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $115.3B
For a thorough assessment of PLD stock, go to TipRanks’ Stock Analysis page.
