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Prologis CEO Hamid Moghadam to Retire

Summary by Commercial Observer

After posting strong fourth-quarter earnings, logistics giant Prologis (PLD) has announced that its CEO and co-founder Hamid Moghadam will retire from his role after more than four decades. Dan Letter, the company’s current president, will replace Moghadam as CEO effective Jan. 1, 2026, while Moghadam will continue as executive chairman of the firm, Prologis said. Letter, who has worked at Prologis since 2004, has been responsible for overseeing…

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Prologis Ushers in a New Era with Dan Letter as Incoming CEO - The Registry

San Francisco-based industrial real estate giant Prologis (NYSE: PLD) is set to undergo a significant leadership transition as longtime CEO Hamid Moghadam steps down after more than 40 years at the helm. Effective January 1, 2026, Dan Letter, the company’s current president, will assume the role of CEO, marking a new chapter for the world’s largest logistics real estate firm. Dan Letter; image courtesy of Prologis Hamid Moghadam, 68, co-founded…

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