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Daniel Letter received $15.2M in total compensation as Chief Executive Officer of Prologis, Inc. in FY2025. The largest component was $12.5M in stock awards. That’s up 24% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Daniel Letter, Chief Executive Officer of Prologis, Inc. (PLD), received total compensation of $15.2 million.
Daniel Letter's compensation breakdown includes: base salary of $795K, bonus of $1.9 million, stock awards valued at $12.5 million, and other compensation of $24K.
Compared to fiscal year 2024, Daniel Letter's total compensation decreased 39% from $24.9 million to $15.2 million.
Prologis, Inc.'s top 6 named executive officers received combined total compensation of $67.6 million in fiscal year 2025.
The named executive officers disclosed in Prologis, Inc.'s 2025 proxy statement are:Daniel Letter (Chief Executive Officer) with total compensation of $15.2 million, Hamid Moghadam (Executive Chairman) with total compensation of $25.0 million, Timothy Arndt (Chief Financial Officer) with total compensation of $9.3 million, Carter Andrus (Chief Operating Officer) with total compensation of $6.7 million, Joseph Ghazal (Former Chief Investment Officer) with total compensation of $6.4 million, and Deborah Briones (Chief Legal Officer and) with total compensation of $5.0 million.
Daniel Letter, Chief Executive Officer of Prologis, Inc. (PLD), received $15,190,625 in total compensation for FY2025, up 23.5% from the prior year. Stock awards of $12,500,990 were the largest component. Figures come from Prologis, Inc.'s DEF 14A 0001193125-26-115132 filed 19 Mar 2026.
Source Filing
Executive Record
Daniel Letter
Chief Executive Officer
Reported Pay
$15.2MSummary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $15.2M against +21% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +24%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for PLD.
Prologis, Inc. (PLD) — Key Facts
Last updated Aug 18, 2026 · DEF 14A filed Mar 19, 2026
| CEO | Daniel Letter, Chief Executive Officer |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $15.2M |
| Base salary | $795K |
| Stock awards | $12.5M |
| Other compensation | $24K |
| Year-over-year change | +24% |
| Source | DEF 14A, 2026-03-19 |
Daniel Letter, the Chief Executive Officer of Prologis, Inc., received total compensation of $15,190,625 in fiscal year 2025. This includes base salary of $795,385 and stock awards valued at $12,500,990. Figures come from Prologis, Inc.'s DEF 14A 0001193125-26-115132 filed 19 Mar 2026.
Daniel Letter's base salary at Prologis, Inc. is $795,385 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $15,190,625. Figures come from Prologis, Inc.'s DEF 14A 0001193125-26-115132 filed 19 Mar 2026.
Prologis, Inc.'s CEO, Daniel Letter, earned $15,190,625 in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($12,500,990) rather than base salary ($795,385). Figures come from Prologis, Inc.'s DEF 14A 0001193125-26-115132 filed 19 Mar 2026.
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