Prologis Appoints Alfred F. Kelly, Jr. to Board of Directors

Prologis (NYSE: PLD) appointed Alfred F. Kelly, Jr., former CEO and executive chairman of Visa, to its board of directors effective July 1, 2026.

Rhea-AI Summary

Prologis (NYSE: PLD) appointed Alfred F. Kelly, Jr., former CEO and executive chairman of Visa, to its board of directors effective July 1, 2026.

Kelly brings experience from leadership roles at Visa, American Express, the New York–New Jersey Super Bowl Host Committee, Berkshire Partners and General Motors.

Positive

• Appointment of former Visa CEO Alfred F. Kelly, Jr. to board
• New director has leadership experience across payments, technology and global markets
• Board gains member with audit, risk and cybersecurity committee experience from General Motors

Negative

• None.

Argus Jul 1 session

+0.98% close to close Open Argus

Details

News Market Reaction – PLD

On Jul 1, the day this news came out, PLD closed 0.98% above the previous close.

Data tracked by StockTitan Argus for the Jul 1 session.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SAN FRANCISCO, July 1, 2026 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today announced that its board of directors appointed Alfred F. Kelly, Jr. as a director of the company.

Kelly served as chief executive officer of Visa Inc. from 2016 to 2023, where he led one of the world's largest payment technology companies. He was elected chairman of Visa's board of directors in 2019 and became executive chairman in 2023, serving in that role until 2024.

Prior to Visa, Kelly held senior leadership roles at American Express Company, including president of the company. He also served as president and chief executive officer of the New York–New Jersey Super Bowl Host Committee.

"Al brings broad leadership experience and a strong understanding of technology, risk and global markets," said Dan Letter, chief executive officer of Prologis. "His perspective will be a valuable addition to our board as we continue to strengthen the business for the future."

Since 2024, Kelly has served as an Advisory Director at Berkshire Partners. He is also a member of the board of directors of General Motors Company, where he serves on the Audit Committee and the Risk and Cybersecurity Committee.

Kelly holds a Bachelor of Arts in Computer Science from Iona University and a Master of Business Administration from Iona University.

About Prologis
The world runs on logistics. At Prologis, we don't just lead the industry, we define it. We create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, our ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of one — not just shaping the future of logistics but building what comes next. Learn more at www.Prologis.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/prologis-appoints-alfred-f-kelly-jr-to-board-of-directors-302815199.html

SOURCE Prologis, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What board change did Prologis (NYSE: PLD) announce on July 1, 2026?

Prologis announced the appointment of Alfred F. Kelly, Jr. to its board of directors. According to Prologis, Kelly joins after leading Visa and holding senior roles at American Express and other organizations.

Who is Alfred F. Kelly, Jr., the new Prologis (PLD) board member?

Alfred F. Kelly, Jr. is the former chief executive officer and executive chairman of Visa. According to Prologis, he previously held senior leadership roles at American Express and led the New York–New Jersey Super Bowl Host Committee.

What experience does Alfred F. Kelly, Jr. bring to the Prologis board?

Alfred F. Kelly, Jr. brings leadership in payments, technology, risk and global markets. According to Prologis, his background includes CEO and chairman roles at Visa, senior positions at American Express, and board service at General Motors on audit and risk committees.

How might Alfred F. Kelly, Jr.’s appointment affect Prologis (PLD) governance?

The appointment adds a director with extensive large-company and board committee experience. According to Prologis, Kelly’s understanding of technology, risk and global markets is expected to provide valuable perspective as the company focuses on strengthening its business for the future.

What other boards does Prologis director Alfred F. Kelly, Jr. serve on?

Alfred F. Kelly, Jr. also serves on the board of General Motors. According to Prologis, he is a member of General Motors’ Audit Committee and its Risk and Cybersecurity Committee, and acts as an Advisory Director at Berkshire Partners.

What is Alfred F. Kelly, Jr.’s educational background relevant to his Prologis board role?

Alfred F. Kelly, Jr. holds a Bachelor of Arts in Computer Science and a Master of Business Administration from Iona University. According to Prologis, this combination of technical and business education complements his extensive executive and board experience.