Hamid R. Moghadam is the CEO of Prologis, a giant in the real estate industry, specializing in logistics and industrial facilities. He has been at the helm since 2013 and has a unique approach to compensation: he earns a base...
Hamid R. Moghadam is the CEO of Prologis, a giant in the real estate industry, specializing in logistics and industrial facilities. He has been at the helm since 2013 and has a unique approach to compensation: he earns a base salary of just $1. Most of his over $50 million annual compensation comes from bonuses and stock rewards. These bonuses are tied directly to the company's performance, emphasizing a results-driven culture. Moghadam also shifted his pay structure to focus more on equity, meaning his wealth is closely linked to the company's stock performance. He was behind an important strategy to integrate environmental and social metrics into Prologis's business, which reflects a growing trend in corporate responsibility. Interestingly, he was a co-founder of what's now Prologis back in 1983 and has degrees from top institutions like MIT and Harvard. He has served various roles throughout his long career and is known for fostering a strong connection between executive pay and shareholder value, ensuring that the interests of executives align with those of the company and its investors.