In 2012, Walter C. Rakowich earned $16.14M in total compensation at Prologis, including $1.00M salary, $1.50M bonus and $7.50M in stock. Most recently sold 954 shares in Jun 2024. Currently holds stock worth $6.55M. Led Prologis as CEO for 7 years.
Compensation History
Annual executive compensation data for Walter C. Rakowich, including salary, bonuses, and stock awards.
Year
2012
Total Compensation
$16.14M
Salary
$1.00M
Bonus
$1.50M
Other
$6.14M
Salary
$1.00MBoard Justification
The compensation philosophy is based on pay-for-performance principles, aligning executive compensation with company performance and stockholder interests.
Bonus
$1.50MBoard Justification
Annual cash bonus opportunity based on performance, awarded at target level for 2012 performance, paid in February 2013.
Other Compensation
$6.14MBoard Justification
Includes a severance payment of $6,000,000, accrued vacation benefits of $79,880, and health and welfare benefits of $54,765 due upon retirement.
Restricted Stock
Board Justification
Restricted stock units granted for 2011 performance, vested in 2012.
Performance Metrics
Performance metrics include annual base salary, annual bonus opportunity based on company performance, and long-term equity incentive awards.
Walter C. Rakowich
Ex-CEO of Prologis
Education
Holds a degree in Business Administration from the University of Southern California.
Field of Expertise
Real Estate & Construction - Real Estate
Sector of Economy
Real Estate
Born
January 1, 1962 - 63 years ago
CEO of Prologis for
7 years 11 months (Jan 2005 - Dec 2012)
Previous Experience
Formerly served as the Chief Executive Officer of ProLogis, Inc.
Other Prologis CEOs
Holdings
Track Walter C. Rakowich's stock holdings and portfolio value over time.
Total Stock Sold
$1.18M
$535.62K
30,815 HST shares
$648.16K
16,411 IRM shares
What if they kept their stock?
If Walter C. Rakowich didn't sell their stock, today they would have:
Extra HST30,815 shares worth $527.71K and IRM16,411 shares worth $1.40M.
This is 62.46% and $739.35K more than what they got when they sold the stock.
Insider Trading
Walter C. Rakowich's recent stock transactions, purchases, and sales filed with the SEC.
$77.59K
IRM at $81.33/share
Jun 5, 2024
Sale
$23.85
IRM at $0.01/share
May 30, 2024
Received
$72.64K
HST at $18.64/share
May 16, 2024
Sale
9,740 shares
HST
May 15, 2024
Received
$64.44K
HST at $17.47/share
Jun 5, 2023
Sale
$67.69K
IRM at $55.53/share
May 19, 2023
Sale
9,221 shares
HST
May 18, 2023
Received
$30.47
IRM at $0.01/share
May 9, 2023
Received
$64.52K
HST at $19.61/share
May 19, 2022
Sale
8,226 shares
HST
May 19, 2022
Received
Rivals
Compare Walter C. Rakowich with competitor CEOs and industry peers.
Charles Meyers
CEO of Equinix, Inc.
2022 Compensation
Stock
$0.00
Salary
$1.05M
Bonus
$0.00
Other
$86.68K
Total Holdings
$301.88K
Marshall A. Loeb
CEO of EastGroup Properties
2022 Compensation
Stock
$2.96M
Salary
$745.00K
Bonus
$0.00
Other
$337.65K
Total Holdings
$75.34M
Andrew R. Jassy
CEO of Amazon
2024 Compensation
Stock
$38.48M
Salary
$365.00K
Bonus
$0.00
Other
$1.23M
Total Holdings
$2.14M
Owen D. Thomas
CEO of Boston Properties
2023 Compensation
Stock
$0.00
Salary
$950.00K
Bonus
$2.72M
Other
$31.64K
Total Holdings
$61.10M
W. Blake Baird
Founder and CEO of Terreno Realty
2020 Compensation
Stock
$7.60M
Salary
$800.00K
Bonus
$0.00
Other
$8.55K
Total Holdings
$10.24M
Howard Schwimmer
Founder and CEO of Rexford Industrial Realty
2021 Compensation
Stock
$0.00
Salary
$750.00K
Bonus
$1.88M
Other
$16.91K
Total Holdings
$2.63M