PLD · Prologis, Inc.
$141.30
+1.28 (+0.91%)
At close · Aug 19
View the 10-K filed Feb 13, 2026
Customer concentration
— top 10 customers 16.3% of revenue
10 customers — 16.3% of revenue (At December 31, 2025)
“At December 31, 2025, our top 10 customers accounted for 16.3% of our consolidated NER and 15.2% of our O&M NER.”
10 customers — 15.2% of revenue (At December 31, 2025)
“At December 31, 2025, our top 10 customers accounted for 16.3% of our consolidated NER and 15.2% of our O&M NER.”
Market Cap
$131.04B
Shares
932.34M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Hamid Moghadam | Executive Chairman (Chief Executive Officer in 2025) | $24,999,873 |
| Daniel Letter | Chief Executive Officer (President in 2025) | $15,190,625 |
| Timothy Arndt | Chief Financial Officer | $9,300,436 |
| Carter Andrus | Chief Operating Officer | $6,701,275 |
| Joseph Ghazal | Former Chief Investment Officer | $6,428,251 |
| Deborah Briones | Chief Legal Officer and | $4,954,493 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Hamid Moghadam | Chief Executive Officer | $24,851,777 |
| Daniel Letter | President | $12,296,349 |
| Timothy Arndt | Chief Financial Officer | $10,329,411 |
| Edward Nekritz | Chief Legal Officer and | $7,936,885 |
| Joseph Ghazal | Chief Investment Officer | $6,011,532 |
| Carter Andrus | Chief Operating Officer | $5,665,403 |
| Deborah Briones | Chief Legal Officer and | — |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Hamid Moghadam | Chief Executive Officer | $50,891,597 |
| Gary Anderson | Chief Operating Officer | $14,998,881 |
| Edward Nekritz | Chief Legal Officer and | $13,551,618 |
| Daniel Letter | President | $12,776,186 |
| Timothy Arndt | Chief Financial Officer | $10,678,300 |
| Carter Andrus | Chief Operating Officer | — |
| General Counsel | — | — |
| Joseph Ghazal | Chief Investment Officer | — |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Hamid Moghadam | Chief Executive Officer | $48,152,756 |
| Eugene Reilly | Chief Investment Officer | $19,078,843 |
| Gary Anderson | Chief Operating Officer | $16,022,912 |
| Edward Nekritz | Chief Legal Officer and | $15,021,203 |
| General Counsel | — | $15,021,203 |
| Timothy Arndt | Chief Financial Officer | $7,125,291 |
| Carter Andrus | Chief Operating Officer | — |
| Joseph Ghazal | Chief Investment Officer | — |
| Daniel Letter | President | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Hamid Moghadam | Chief Executive Officer | $24,901,490 |
| Eugene Reilly | Chief Investment Officer | $10,015,038 |
| Gary Anderson | Chief Operating Officer | $9,214,929 |
| General Counsel | — | $8,858,041 |
| Edward Nekritz | Chief Legal Officer and | $8,858,041 |
| Thomas Olinger | Chief Financial Officer | $8,037,522 |
| Timothy Arndt | Chief Financial Officer | — |
| Daniel Letter | President | — |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Hamid Moghadam | Chief Executive Officer | $34,432,677 |
| Eugene Reilly | Chief Investment Officer | $13,188,764 |
| General Counsel | — | $12,339,127 |
| Edward Nekritz | Chief Legal Officer and | $12,339,127 |
| Gary Anderson | Chief Operating Officer | $12,339,127 |
| Thomas Olinger | Chief Financial Officer | $11,463,700 |
| Michael Curless | Chief Customer Officer | $11,463,267 |
| Timothy Arndt | Chief Financial Officer Thomas Olinger\ \ | — |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Hamid Moghadam | Chief Executive Officer | $30,383,438 |
| Eugene Reilly | Chief Investment Officer | $12,142,218 |
| Gary Anderson | Chief Operating Officer | $11,169,934 |
| Edward Nekritz | Chief Legal Officer and | $11,166,787 |
| General Counsel | — | $11,166,787 |
| Thomas Olinger | Chief Financial Officer | $10,993,947 |
| Michael Curless | Chief Customer Officer | $10,692,670 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Hamid Moghadam | Chief Executive Officer | $28,201,400 |
| Eugene Reilly | Chief Investment Officer | $10,690,690 |
| General Counsel | — | $9,866,419 |
| Gary Anderson | Chief Operating Officer | $9,866,419 |
| Thomas Olinger | Chief Financial Officer | $9,831,139 |
| Michael Curless | Chief Customer Officer | $9,568,667 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Alfred F. Kelly, Jr. | director | Appointed | 2026-07-01 |
| Damon Austin | Chief Development Officer | Appointed | 2025-11-24 |
| Trisha Burns | Chief Accounting Officer | Appointed | 2025-09-18 |
| Lori Palazzolo | Chief Accounting Officer | Retired | 2025-09-18 |
| Daniel S. Letter | director | Appointed | 2025-02-19 |
| Daniel S. Letter | Chief Executive Officer | Appointed | 2025-02-19 |
| Hamid R. Moghadam | Chief Executive Officer | Retired | 2025-02-19 |
| Nathaalie Carey | Chief Human Resources Officer | Appointed | 2024-05-22 |
| Colleen McKeown | chief human resources officer | Retired | 2024-05-22 |
| Edward S. Nekritz | senior advisor | Appointed | 2024-05-22 |
| Deborah K. Briones | Chief Legal Officer, General Counsel and Secretary | Appointed | 2024-05-22 |
| Edward S. Nekritz | Chief Legal Officer, General Counsel and Secretary | Retired | 2024-05-22 |
| Joseph Ghazal | Chief Investment Officer | Appointed | 2023-11-15 |
| Carter Andrus | Chief Operating Officer | Appointed | 2023-11-15 |
| Gary E. Anderson | Chief Operating Officer | Retired | 2023-11-15 |
| James B. Connor | Prologis board of directors | Appointed | 2022-10-03 |
| Gene Reilly | Vice Chairman | Appointed | 2022-09-27 |
| Dan Letter | President | Appointed | 2022-09-27 |
| Eugene Reilly | Vice Chairman of the Company | Appointed | 2022-09-27 |
| Daniel Letter | President of the Company | Appointed | 2022-09-27 |
| Timothy D. Arndt | Chief Financial Officer | Appointed | 2022-02-15 |
| Thomas S. Olinger | Chief Financial Officer | Retired | 2022-02-15 |
Key facts
CIK
1045609
CUSIP
74340W103
13F (30d)
1511 filings
1438 filers
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