SAN FRANCISCO, March 19, 2018 /PRNewswire/ -- Prologis,
Inc. (NYSE: PLD), the global leader in logistics real estate, today
announced the nomination of Cristina
Bita to the company's board of directors as a new
independent director candidate. Bita, along with all current
Prologis board members, will stand for election to the board at
Prologis' annual meeting of stockholders on May 2.
Bita is a Vice President of Finance at Google and Business
Finance Officer for Google's Hardware and Virtual Reality &
Augmented Reality organizations, as well as Global Marketing. She
has served in a number of finance leadership roles since joining
Google in 2006 across a range of business areas, including Global
Partnerships and Business Development, Global Sales, and Consumer
Products.
"We are excited to nominate Cristina to our board of directors,"
said Prologis chairman and CEO Hamid R.
Moghadam. "The breadth and depth of her financial expertise,
coupled with her broad leadership responsibilities at Google, will
add a dynamic perspective to our board."
Webcast of 2018 Annual Meeting of Stockholders
Prologis will host its 2018 annual stockholders meeting on
Wednesday, May 2, 2018, at
1:30 p.m. PT/4:30 p.m. ET.
The meeting will take place at Prologis' corporate headquarters
at Pier 1, Bay 1 in San Francisco
and is open to all Prologis stockholders of record as of
March 6, 2018.
To access the live broadcast, please dial +1 (877) 260-9772
(toll-free from the United States
and Canada) or +1 (706) 679-2352
(from all other countries) and enter conference code 8292867. A
live webcast can be accessed at the Investor Relations section of
www.prologis.com. The webcast replay will be posted when available
in the Investor Relations "Events & Presentations" section.
ABOUT PROLOGIS
Prologis, Inc. is the global leader in logistics real estate with a
focus on high-barrier, high-growth markets. As of December 31, 2017, 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 684 million square feet (64 million square meters) in
19 countries. Prologis leases modern distribution facilities to a
diverse base of approximately 5,000 customers across two major
categories: business-to-business and retail/online fulfillment.
FORWARD-LOOKING STATEMENTS
The statements in this document that are not historical facts are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on current expectations, estimates and
projections about the industry and markets in which we operate as
well as management's beliefs and assumptions. Such statements
involve uncertainties that could significantly impact our financial
results. Words such as "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "estimates" and variations of such
words and similar expressions are intended to identify such
forward-looking statements, which generally are not historical in
nature. All statements that address operating performance,
events or developments that we expect or anticipate will occur in
the future — including statements relating to rent and occupancy
growth, development activity and changes in sales or contribution
volume of properties, disposition activity, general conditions in
the geographic areas where we operate, our debt, capital structure
and financial position, our ability to form new co-investment
ventures and the availability of capital in existing or new
co-investment ventures — are forward-looking statements. These
statements are not guarantees of future performance and involve
certain risks, uncertainties and assumptions that are difficult to
predict. Although we believe the expectations reflected in any
forward-looking statements are based on reasonable assumptions, we
can give no assurance that our expectations will be attained and
therefore, actual outcomes and results may differ materially from
what is expressed or forecasted in such forward-looking statements.
Some of the factors that may affect outcomes and results include,
but are not limited to: (i) national, international, regional and
local economic climates, (ii) changes in financial markets,
interest rates and foreign currency exchange rates, (iii) increased
or unanticipated competition for our properties, (iv) risks
associated with acquisitions, dispositions and development of
properties, (v) maintenance of real estate investment trust status,
tax structuring and income tax rates (vi) availability of financing
and capital, the levels of debt that we maintain and our credit
ratings, (vii) risks related to our investments in our
co-investment ventures, including our ability to establish new
co-investment ventures and funds, (viii) risks of doing business
internationally, including currency risks, (ix) environmental
uncertainties, including risks of natural disasters, and (x) those
additional factors discussed in reports filed with the Securities
and Exchange Commission by us under the heading "Risk Factors." We
undertake no duty to update any forward-looking statements
appearing in this document.
View original content with
multimedia:http://www.prnewswire.com/news-releases/prologis-announces-new-independent-director-nominee-cristina-bita-300615586.html
SOURCE Prologis, Inc.