Joseph Ghazal
On June 17, 2025, Prologis announced that Joseph Ghazal, Chief Investment Officer, has informed the company of his decision to step away from his role as an executive officer effective July 1, 2025.
Highest-materiality recent filing
Prologis say-on-pay passes with only 58% support; all 11 directors elected
Say-on-pay vote: 480.4M for, 343.9M against (58.3% approval); 32.6M broker non-votes.
Prologis L.P. prices C$850M 4.250% Notes due 2034; net proceeds ~C$839.9M
C$850M aggregate principal of 4.250% Notes due May 15, 2034; closing expected April 27, 2026.
Prologis L.P. prices $1.25B debt offering: $500M 4.250% notes due 2031, $750M 4.900% notes due 2036
Issued $500M aggregate 4.250% Notes due 2031 and $750M aggregate 4.900% Notes due 2036.
Prologis Q1 net earnings $1.05/sh beats prior year $0.63; raises Core FFO guidance to $6.07-6.23
Record lease signings 64M sq ft in logistics; data center platform scales with $1.3B build-to-suit starts.
Prologis appoints Trisha Burns as CAO effective April 1, 2026; discloses $400K LTI target
Trisha Burns became Chief Accounting Officer effective April 1, 2026, as previously reported.
Prologis L.P. closes $3B global senior credit facility with two tranches and accordion option
New 2026 Global Facility provides up to ~$3B revolving credit, expandable by up to $1B.
CEO Letter gets $1M salary, $15.75M LTI target; Moghadam gets $13.75M PSU target + 220k LTIP units
Daniel Letter promoted to CEO effective Jan 1 2026; base salary $1M, bonus target 200% of base, LTI target $15.75M.
Q4 net earnings $1.49/diluted share ($3.56 FY) vs $1.37 ($4.01 FY) prior year; Core FFO $1.44 ($5.81 FY) vs $1.50 ($5.56 FY).
Prologis modifies equity award terms for CEO and two executives, adds dividend equivalents
Compensation Committee approved new PSU agreement with cash-settled dividend equivalents on Target PSUs for 2020 plan.
Prologis appoints Damon Austin as Chief Development Officer effective Jan 1, 2026
Damon Austin, 47, currently Managing Director, Global Head of Customer Led Development since Jan 2023.
Prologis L.P. issues C$700M in 3.600% notes due 2032 for general corporate use
C$700M aggregate principal of 3.600% Notes due 2032 priced Oct 20, closed Oct 27, 2025.
Prologis Q3 Core FFO $1.49 (+4.2%), raises FY guidance; adds 5.2 GW data center capacity
Core FFO per share $1.49 (+4.2% YoY); net earnings $0.82 (-24.1%); record 62M sf leases signed.
Prologis Euro Finance issues €1B in notes: €500M 3.250% due 2032 and €500M 3.875% due 2037
Issued €500M 3.250% notes due 2032 and €500M 3.875% notes due 2037, total €1B.
Prologis CAO Lori Palazzolo to retire April 1 2026; Trisha Burns named successor
Lori Palazzolo will retire as Chief Accounting Officer effective April 1, 2026, then serve as senior advisor for transition.
Prologis Q2 Core FFO $1.46 (+9% YoY); raises FY Core FFO guidance, lowers net earnings guidance
Q2 net earnings $0.61/share, down 33.7% YoY; Core FFO $1.46/share, up 9.0%.
Prologis CIO Joseph Ghazal to step down as executive officer, remain through July 2026
Joseph Ghazal will step away from his role as Chief Investment Officer effective July 1, 2025.
Prologis amends $3B global credit facility; extends maturity to 2029
New $3B global senior credit facility with $2B U.S. Dollar tranche and €895.7M Euro tranche.
On June 17, 2025, Prologis announced that Joseph Ghazal, Chief Investment Officer, has informed the company of his decision to step away from his role as an executive officer effective July 1, 2025.
Max materiality 0.85 · Median 0.50 · Most common event debt