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CompBrief
Fiscal year 2025

Daniel Letter — FY2025 total compensation $15,190,625

Daniel Letter is Chief Executive Officer of Prologis, Inc. (PLD). The company reported total compensation of $15,190,625 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$795,385
Bonus$1,870,000
Stock awards$12,500,990
Option awards$0
Non-equity incentive plan
Pension and non-qualified deferred compensation$0
All other compensation$24,250
Total$15,190,625

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Prologis, Inc. filed March 19, 2026, accession 0001193125-26-115132.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chief Executive Officer$795,385$1,870,000$12,500,990$0$0$24,250$15,190,625
FY2024Chief Executive Officer$696,154$0$10,807,295$0$768,900$0$24,000$12,296,349
FY2023Chief Executive Officer$687,693$0$11,070,243$0$994,500$0$23,750$12,776,186

Totals as disclosed in each year's own compensation disclosure for Prologis, Inc..

03

Peer context

Peer-group chief executive median$19,918,231
Difference from that median$-4,727,606
Percentile within the disclosed peer group35th
Peers with a disclosed figure20

Medians and percentiles are computed across the peer group Prologis, Inc. discloses in its own compensation disclosure.

04

The other named executive officers of Prologis, Inc.

Named executive officerRoleFY2025 total
Hamid MoghadamExecutive Chairman$24,999,873
Daniel Letter this pageChief Executive Officer$15,190,625
Timothy ArndtChief Financial Officer$9,300,436
Carter AndrusChief Operating Officer$6,701,275
Joseph GhazalFormer Chief Investment Officer$6,428,251
Deborah BrionesChief Legal Officer, General Counsel and Secretary$4,954,493

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Prologis, Inc. compensation brief.

05

The company page

Daniel Letter's compensation sits inside Prologis, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Prologis, Inc. (PLD) compensation brief