Prologis (PLD) Vice Chairman Gene Reilly to Retire

Prologis, Inc. (NYSE: PLD) today announced that Vice Chairman Gene Reilly will be retiring at year end, after which he will serve as a senior advisor through April 2024.

Reilly has played a critical leadership role in almost every respect of the company's growth and evolution for more than two decades. He is considered as one of the most knowledgeable global experts on logistics real estate and, during his career, has contributed his time and leadership skills to the industry via trade organizations such as NAIOP, ULI and the Real Estate Roundtable.

"Gene has been a driving force behind our many M&A transactions and the subsequent team integration and portfolio re-positioning efforts," said Prologis Co-Founder, Chairman and CEO Hamid R. Moghadam. "His influence has extended to every part of Prologis, especially with our real estate teams and our focus on customer centricity."

Within Prologis, Reilly is known as a tireless promoter of best practices in facility design and construction, clear and concise communication, and innovations such as the Clear Lease, which he conceived several years ago to leverage the company's growing scale.

"I am very proud of the company's extraordinary growth over the past 20 years, but even more proud of the fact we managed this growth responsibility from a balance sheet perspective and very intentionally from a cultural perspective," Reilly said. "Prologis has the best portfolio, customer relationships, public and private investor relationships, and people in the industry. We will continue to innovate and grow our offerings to customers, and I am incredibly optimistic about the future for all of our people and investors."

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