Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 11, 2019, Prologis, Inc. announced a change in its organizational architecture to prepare the company for the next chapter in its evolution. In connection with the reorganization, the named executive officers will lead the company in new roles as described below.
Gene Reilly, formerly CEO of the Americas, will assume the role of chief investment officer. In this role, Mr. Reilly will oversee all capital deployment, operational and investment activities globally other than Japan, which will report directly to Hamid Moghadam, our chief executive officer.
Gary Anderson, formerly CEO of Europe and Asia, will assume the role of chief operating officer. In this role Mr. Anderson will oversee our Five Drivers of Competitive Advantage as well as our Strategic Capital business, valuations and research.
Mike Curless, formerly chief investment officer, will assume the role of chief customer officer. In this role, Mr. Curless will oversee all customer-related initiatives and will continue asco-chair of the Prologis investment committee.
Tom Olinger, our chief financial officer, will continue in that role and will assume responsibility for forecasted real estate operating results and metrics globally. Mr. Olinger will also chair our global operating committee that oversees and reviews our progress against our annual and long-term business plans.
The role of Ed Nekritz, our chief legal officer, will remain the same.
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