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Also Known As Hamid Moghadam, Hamid
CEO of Prologis
Hamid Moghadam is Co-Founder, Chairman and CEO of Prologis, Inc.(PLD) In 1983, Mr. Moghadam co-founded the company's predecessor, AMB Property Corporation, and led it through its initial public offering in 1997, as well as its merger with Prologis in 2011.
Mr. Moghadam is a trustee emeritus of Stanford University and currently serves on the boards of Stanford Management Company (former Chair), Stanford Health Care and the Stanford Graduate School of Business. Previously, he served as a trustee and as a member on the board’s executive committee for the Urban Land Institute, Chairman of NAREIT and REITPAC, and as a member of several other philanthropic, community, and corporate boards.
Mr. Moghadam received the 2013 Ernst & Young National Entrepreneur of the Year Overall Award and is a recipient of the Ellis Island Medal of Honor. He has been named CEO of the Year and received multiple lifetime achievement awards from leading publications and industry organizations, including Harvard Business Review, which in their latest rankings, voted him as the #17 Best Performing CEO in the world.
Mr. Moghadam received an MBA from the Stanford Graduate School of Business and a Bachelor and Master of Science in engineering from Massachusetts Institute of Technology.
Career :
Creation of Prologis :
In 2011 Moghadam arranged the combination between AMB and ProLogis to create Prologis, the largest logistics real estate company in the world. With a market cap of approximately $24 billion and corporate headquarters remaining in California, the new Prologis had around $46 billion in assets under management (AUM) and clients such as DHL, Home Depot Inc., Unilever, and FedEx. ProLogis CEO Walter Rakowich and Moghadam were appointed as the new company's co-CEOs, with Moghadam becoming the sole CEO at the start of 2013. He oversaw IPOs in Japan in 2013 and Mexico in 2014.
Prologis continues to operate as a publicly traded real estate investment trust (REIT) on the S&P 100, operating logistics and distribution facilities for customers in various industries in the Americas, Europe, and Asia. In 2018 he oversaw its acquisition of DCT Industrial Trust for $8.4 billion, and in 2020, acquisitions of Liberty Property Trust for $13 billion and Industrial Property Trust for $4 billion, then Duke Realty in 2022 for $23 billion. The company's platform totals 1.2 billion square feet that is owned, managed or under development in 19 countries, with about $196 billion in assets under management. Moghadam frequently appears on major television networks to talk about the real estate industry, including CNBC, Bloomberg TV, and Fox Business Network, as a real estate industry expert.
Hamid Moghadam Born in 1956 in Iran, he grew up in Tehran, where his father was a businessman. In he attended school in Switzerland. In 1973, he entered the Massachusetts Institute of Technology, where he received Bachelor and Master of Science degrees in engineering. In 1980 Moghadam received an MBA from the Stanford Graduate School of Business in California.
Moghadam was named EY's 1998 Real Estate Award Winner for the Northern California Region. In 2005, Moghadam was presented with an Industry Leadership Award from the National Association of Real Estate Investment Trusts (NAREIT). He received a Lifetime of Building Award from the Commercial Real Estate Development Association (NAIOP) in 2007, and also that year he received the Wisconsin Alumni Center's Vision Setter Award. Moghadam received the EY National Entrepreneur of the Year Overall Award in 2013, as well as the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations Foundations, Inc. (NECO). Harvard Business Review named him one of the 100 Best-Performing CEOs in the World three times, and a number of industry publications have named him their CEO of the Year.
