Highest-materiality recent filing
Rexford Industrial Q1 net income $87.9M; raises full-year Core FFO guidance; new $500M buyback
Q1 net income $87.9M ($0.38 diluted EPS) vs $68.3M ($0.30) YoY; Core FFO $0.61/diluted share, down 1.6% YoY.
Rexford Industrial appoints John Nahas COO, adopts severance plan, cuts exec comp ~50%
John Nahas promoted to COO effective April 1, 2026; previously Managing Director of Operations and Asset Management.
Rexford Industrial Q4 net loss $68.7M; FY Core FFO up 9% to $2.40; guides 2026 Core FFO $2.35-$2.40
Q4 net loss $68.7M ($0.30/share) includes $89.1M impairments and $60.2M Co-CEO transition costs.
Rexford Industrial CEO succession: Laura Clark to become CEO Apr 1, 2026; co-CEOs step down
Laura Clark, current COO, becomes CEO effective April 1, 2026; co-CEOs Frankel and Schwimmer depart March 31, 2026. Clark base salary $850k.
Laura Clark, current COO, will become CEO on April 1, 2026, succeeding co-CEOs Michael Frankel and Howard Schwimmer.
Rexford Industrial Q3 Core FFO $0.60 (+1.7% YoY); raises FY2025 guidance
Net income $87.1M ($0.37 diluted) vs $65.1M; Core FFO $141.7M (+9.0% YoY).
Rexford Industrial Q2 net income up 42% to $113.4M; raises full-year EPS guidance
Net income attributable to common stockholders $113.4M ($0.48/diluted), up from $79.8M in prior-year quarter.
Rexford Industrial enters $1.95B credit facility; $1.25B revolver, $700M term loan
Revolving facility of $1.25B matures May 30, 2029; two six-month extension options.
Rexford Industrial Q1 Core FFO $0.62 (+6.9% YoY); raises FY2025 net income guidance
Net income to common $68.3M ($0.30/diluted), up from $58.6M ($0.27) YoY.
Richard Ziman, Chairman of the Board, will not stand for reelection at the 2025 annual meeting of stockholders (the “Annual Meeting”) as a result of Mr. Ziman’s decision to retire.
Max materiality 0.85 · Median 0.62 · Most common event leadership