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...

Current Market Cap

$116.92B

Number of Employees

2.57K

Total Compensation

2019 - 2023

Trending up by 2242.23% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 4.94% last year

Other

Down by -4.00% last year

Year

2023

Total Compensation

$42.98M

Salary

$1.00

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning CEO compensation with long-term stockholder value and operational performance.

Bonus

$1.91M

Board Justification

The annual bonus for 2023 was based on performance metrics, with a corporate score of 127.5% of target, resulting in a bonus of $1,912,500 paid in equity with a two-year holding period.

Other

$12.00K

Board Justification

Other compensation includes matching contributions under the Prologis 401(k) Savings Plan and charitable contributions matched by the company.

Restricted Stock

$41.06M(326.31K LTIP Units)

Board Justification

The total number of shares that vested in 2023, which includes LTIP Units and other stock awards that were granted in prior years and vested during the year.

Performance Metrics

Core FFO per share, Same Store NOI Growth, Data Quality, and ESG metrics.

SEC Filing

From March 29, 2024