Big news for Prologis, a giant company that owns lots of warehouses! After many years, their CEO, Hamid Moghadam, is retiring. He built the company from the ground up and made it super successful.
- Dan Letter, who already works at Prologis, will be the new CEO.
- Mr. Moghadam will still be involved as the chairman.
- Prologis is a huge company; it's worth over $112 billion!
| Fact | Number |
|---|---|
| Prologis's value | Over $112 billion |
| Prologis's revenue last year | $8.2 billion |
| Years Moghadam led Prologis | 40+ |
