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Prologis appoints Damon Austin as new Chief Development Officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Prologis, Inc. (PLD) reported a leadership change, announcing that Damon Austin will become Chief Development Officer effective January 1, 2026. This role focuses on overseeing development activities across the company’s global logistics real estate portfolio.

Mr. Austin, age 47, has been with Prologis since 2015. He has served as Managing Director, Global Head of Customer Led Development since January 1, 2023, after previously leading Customer Led Development of the Americas from 2021 to 2023 and Capital Deployment for the West Region from 2018 to 2021. The update is a governance and management disclosure and does not include financial performance information.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM
8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 24, 2025
 
 
PROLOGIS, INC.
PROLOGIS, L.P.
(Exact name of registrant as specified in charter)
 
 
 
Maryland (Prologis, Inc.)
 
001-13545
(Prologis, Inc.)
 
94-3281941
(Prologis, Inc.)
Delaware (Prologis, L.P.)
 
001-14245
(Prologis, L.P.)
 
94-3285362
(Prologis, L.P.)
(State or other jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
 
Pier 1, Bay 1, San Francisco, California
 
94111
(Address of Principal Executive Offices)
 
(Zip Code)
Registrants’ Telephone Number, including Area Code: (415)
394-9000
N/A
(Former name or former address, if changed since last report.)
 
 
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
 
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
 
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
   
Title of Each Class
 
Trading
Symbol(s)
 
Name of Each Exchange
on Which Registered
Prologis, Inc.   Common Stock, $0.01 par value   PLD   New York Stock Exchange
Prologis, L.P.   3.000% Notes due 2026   PLD/26   New York Stock Exchange
Prologis, L.P.   2.250% Notes due 2029   PLD/29   New York Stock Exchange
Prologis, L.P.   5.625% Notes due 2040   PLD/40   New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition
period
for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 

Table of Contents
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 24, 2025, Prologis, Inc. (the “Company”) announced that Damon Austin will become Chief Development Officer effective January 1, 2026. Mr. Austin, age 47, has served as Managing Director, Global Head of Customer Led Development since January 1, 2023, and prior thereto held various positions with the Company since joining in 2015, including Managing Director, Customer Led Development of the Americas from 2021 until 2023 and Managing Director, Capital Deployment West Region from 2018 until 2021.
 
Item 9.01.
Financial Statements and Exhibits.
(d)
Exhibits
.
 
Exhibit
No.
  
Description
104    Cover Page Interactive Data File – the cover page iXBRL
tags
are embedded within the Inline XBRL document.

Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant
has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     PROLOGIS,
INC
.
Date: November 24, 2025     By:   /s/ Deborah K. Briones
    Name:   Deborah K. Briones
    Title:   Chief Legal Officer and General Counsel
    PROLOGIS, L.P. By:
     Prologis, Inc., its
      General Partner
Date: November 24, 2025     By:   /s/ Deborah K. Briones
    Name:   Deborah K. Briones
    Title:   Chief Legal Officer and General Counsel

FAQ

What did Prologis (PLD) announce in this Form 8-K?

Prologis announced that Damon Austin will become its Chief Development Officer effective January 1, 2026, reflecting an internal leadership change in its development organization.

Who is Damon Austin and what is his background at Prologis (PLD)?

Damon Austin, age 47, has been with Prologis since 2015, serving as Managing Director, Global Head of Customer Led Development since January 1, 2023 and holding prior leadership roles in customer-led development and capital deployment.

When will Damon Austin become Chief Development Officer at Prologis?

Damon Austin is scheduled to assume the role of Chief Development Officer at Prologis on January 1, 2026.

Does this Prologis 8-K include new financial results or earnings data?

No. The disclosure focuses on a management change involving the Chief Development Officer position and does not present financial results or earnings metrics.

Which entities are covered by this Prologis 8-K filing?

The filing covers both Prologis, Inc. and Prologis, L.P., with signatures provided on behalf of each by the Chief Legal Officer and General Counsel, Deborah K. Briones.

What exhibit is included with this Prologis 8-K?

The filing lists Exhibit 104, described as the Cover Page Interactive Data File, with iXBRL tags embedded within the Inline XBRL document.
Prologis Inc.

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