Prologis, Inc. PLD, the
leading global owner, operator and developer of industrial real estate, today
announced that Walter C. Rakowich, co-CEO and member of the executive
committee on the board of directors, will retire from both positions on
December 31, 2012. As announced in January 2011 at the time of the AMB and
ProLogis merger, Hamid R. Moghadam will assume the role of CEO and chairman on
January 1, 2013.
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