SAN FRANCISCO, May, 2024 – Prologis today announced that Ed Nekritz will retire as Chief Legal Officer (CLO), effective January 1, 2025. Deborah Briones, currently Deputy General Counsel, will succeed Nekritz in this role. Nekritz will continue to serve as a senior advisor to the company throughout 2025. These changes are part of the company’s long-term and ongoing succession planning.
Deborah Briones has been with Prologis for nearly 20 years, joining the company in 2004. Today, as managing director and deputy general counsel, she leads the corporate, energy, mobility, Essentials, and Latin America legal teams and government affairs initiatives at the company. As Chief Legal Officer and General Counsel, Briones will be responsible for overseeing the strategy and execution of all legal aspects of the global business, including corporate, strategic capital and Essentials transactions, corporate governance, legal operations and innovation, government affairs, compliance, and litigation.
“We are excited to welcome Deborah to our senior management team,” said Hamid R. Moghadam, co-founder, chairman, and CEO of Prologis. “She is an experienced leader and subject matter expert who will help the company continue to rapidly grow – both from a profit and talent perspective.”
Ed Nekritz has had an enormous hand in helping to shape Prologis during his 30-year tenure, initially joining as the company’s first lawyer and general counsel. Under his leadership, the Prologis legal department actively supports the company’s growth as key business partners while protecting the global brand. Nekritz leads a diverse team, focused on legal, strategic capital, risk management and compliance, environmental and government/community affairs. He has been a critical partner in the company’s M&A activities over his three decades of service as well as significantly contributing to the company’s global expansion. As president of the Prologis Foundation, he has spearheaded Prologis’ community involvement and corporate citizenship efforts.
“Ed has been an integral part of our company’s growth over the years,” said Moghadam. “He was one of the Prologis leaders who helped steer the organization through the global financial crisis, putting the company in a position to combine with AMB in 2011 in a transformational merger. Our management team, the board of directors and the company have benefitted from his thoughtful guidance and counsel on a wide variety of issues over the years.”
Nekritz said: “It’s been an honor to serve as the chief legal officer and general counsel for thirty years and be part of the team that has built the best real estate business on the planet. I have been privileged to work with people who bring innovation, integrity and passion to everything they do. I can’t wait to see what the future holds for Prologis.”
Nekritz and Briones will work together during this transition period to support a smooth transition for customers, shareholders, employees, and other key stakeholders.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.
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