Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
As reported in the registrant's press release dated September 27, 2022, the
Board of Directors (the "Board") of
Prologis
, Inc. (the "Company") appointed Daniel Letter as President of the Company and
Eugene Reilly as Vice Chairman of the Company, each effective January 1, 2023.
Mr. Letter, age 45, has served as Global Head of Capital Deployment since
January 2021 and prior thereto held various positions with the Company since
joining in 2004, including as President, Central Region. Mr. Reilly, age 61, has
served as the Company's Chief Investment Officer since March 2019 and prior
thereto held various positions with the Company since joining in 2003, including
as CEO of the Americas from 2011-2019.
On September 21, 2022, the Talent and Compensation Committee of the Board of the
Company approved an amendment to the form of omnibus LTIP Unit Award Agreement
to be used in connection with the Company's 2020 Long-Term Incentive Plan to
improve administrative efficiency. The form of omnibus LTIP Unit Award Agreement
is included herewith as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
10.1 Form of LTIP Unit Award Agreement (Omnibus 2022)
99.1 Press Release, dated September 27, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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