Dan Letter
Chief Executive Officer
2026 – Present
0 years (current)
Key Decisions & Impact
Letter joined AMB Property Corporation (Prologis's predecessor) in 2004 as a development manager in Chicago, holding regional leadership roles including president of the US Central Region before becoming president of Prologis, where he oversaw global real estate operations, energy, capital deployment, and strategic capital. He was named CEO effective January 1, 2026, succeeding co-founder Hamid Moghadam as part of a five-year succession plan, and holds a civil engineering degree from Marquette University.
Legacy
Letter's promotion from within, after two decades at the company, gave Prologis operating continuity through a leadership transition affecting a company with roughly 1.3 billion square feet of real estate and $8.79 billion in 2025 revenue. He joined AMB Property Corporation in 2004 as a development manager in Chicago and rose through regional leadership and capital-deployment roles over two decades -- including global head of capital deployment and later company president -- before becoming CEO on January 1, 2026, giving him direct institutional experience across the entire post-merger growth period, including the 2022 Duke Realty acquisition that closed during his tenure overseeing capital deployment. His civil-engineering degree from Marquette University gives him a technical grounding in the physical development side of the business that complements the capital-markets expertise more typical of REIT chief executives.