Rexford Industrial appoints John Nahas COO, adopts severance plan, cuts exec comp ~50%

Rexford Industrial Realty, Inc.

John Nahas promoted to COO effective April 1, 2026; previously Managing Director of Operations and Asset Management.
Board approved Executive Severance Plan effective Feb 24, 2026, covering CEO, CFO, GC and key employees; replaces prior employment agreements.
Aggregate executive compensation reduced by approximately 50% compared to prior levels.
Company reaffirms 2026 G&A expense guidance of approximately $60 million.
Co-CEOs Frankel and Schwimmer excluded from Severance Plan; their November 2025 separation agreements remain.

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