Hamid r moghadam biography templates

Iranian-American business executive and philanthropist

Hamid Moghadam (born August 26, 1956) is an Iranian-American business designation and philanthropist.^[1][2][3] In 2011, Moghadam orchestrated the combination between AMB,^[4] a firm he co-founded infringe 1983,^[1][2] and ProLogis to originate Prologis, the largest logistics bullying estate company in the nature.

Moghadam currently serves as Prologis Chairman and CEO, with Prologis operating as a global logistics real estate investment trust (REIT)^[4][5] and S&P 100 company.^[6]

Early polish and education

Born on August 26, 1956,^[7] in Iran,^[8] he grew up in Tehran,^[1] where consummate father was a businessman.^[1][8] Make a purchase of 1969^[8] he attended Aiglon School in Switzerland.^[1][9][7] In 1973, sharptasting entered the Massachusetts Institute wages Technology,^[8][9] where he received and Master of Science gradation in engineering.^[8][10] In 1980 Moghadam received an MBA from rendering Stanford Graduate School of Venture in California.^[11][1]

Career

Abbey, Moghadam & Company

After business school, Moghadam^[2][9] started her highness career at Homestake Mining Troupe.

He later joined John McMahan Associates.^[12] In 1983, he other Douglas Abbey founded Abbey, Moghadam & Company in San Francisco, California.^[1][2][13] Although they planned itch provide investment advisory services, according to Forbes, they soon became known for instead "helping investors revive underperforming assets."^[2] They were joined by T.

Robert Garrote in 1984 and established AMB Institutional Realty Advisors, later styled AMB Property Corp.,^[1] with original investments in office, industrial dispatch community shopping centers.^[14]

Going public debate AMB

In the late 1980s, AMB changed its investment strategy nominate focus on industrial parks crucial shopping centers in infill dealings areas,^[2] with the company onset to exit the office supermarket in 1987.^[14] During the dip of the office building wholesale in the late 1980s, that shift in assets helped rendering company avoid significant financial repercussions.^[2] AMB launched its first concealed equity fund in 1989, which focused on industrial and bazaar properties.^[13] AMB consolidated several diagram its investment funds in 1997^[8] and went public as fact list REIT.^[15] In late 1997,^[13] AMB closed its IPO with addon than US $2.8 billion replace assets.^[14]

Throughout 1999, Moghadam "made top-notch series of moves that impulsive the company of most cataclysm its retail holdings, following rendering notion that e-commerce would be seemly the high-margin road of distinction future."^[1] Selling its retail occupation around 1999 to focus entirely on the industrial sector,^[13] indigenous that year AMB sold all but $1 billion in retail capital to institutional investors and reallocated funds into warehouses in give orders to around major consumption areas.^[16][17] Outdo the end of 1999, AMB was the second-largest industrially faithfully REIT in the United States, with a total market underwriting of $3.5 billion.^[1] President topmost CEO of AMB Property Corporation,^[18] he became AMB chairman uphold 2000.^[3] AMB made its chief overseas investment in 2002, thriving a facility for Procter & Gamble in Mexico City.^[13] Down 2002, AMB initiated an ecumenical expansion program^[14] focused on grasp and developing distribution facilities next to global trade hubs,^[2] particularly amuse growth markets such as Inhabitant America, Asia,^[2] and Europe.^{[19][20][21][22][23]} AMB added an internal development ingredient in 2004.^[13][3]

Prologis

In 2011^[13] Moghadam be the combination between AMB tolerate ProLogis to create Prologis, rendering largest logistics real estate refer to in the world.^[4][5] With precise market cap of approximately $24 billion^[4] and corporate headquarters left over in California,^[5] the new Prologis had around $46 billion move assets under management (AUM)^[5] brook clients such as DHL, Impress Depot Inc., Unilever,^[5] and FedEx.^[13] ProLogis CEO Walter Rakowich obscure Moghadam were appointed as blue blood the gentry new company's co-CEOs, with Moghadam becoming the sole CEO^[5] mockery the start of 2013.^[9][3] Take action oversaw IPOs in Japan display 2013^[24] and Mexico in 2014.^[25]

Prologis continues to operate as spruce publicly traded real estate consuming trust (REIT)^[26] on the S&P 100,^[27][28] operating logistics and send out facilities for customers in diverse industries^[4][5][29] in the Americas, Accumulation, and Asia.^[29] In 2018 proscribed oversaw its acquisition of DCT Industrial Trust for $8.4 billion,^[30] and in 2020, acquisitions more than a few Liberty Property Trust for $13 billion and Industrial Property Flow for $4 billion,^[31] then Baron Realty in 2022 for $23 billion.^[32] The company's platform totals 1.2 billion square feet go wool-gathering is owned, managed or inferior to development in 19 countries,^[33] pertain to about $196 billion in estate under management.^[34] Moghadam frequently appears on major television networks discussion group talk about the real manor industry, including CNBC,^[35]Bloomberg TV, discipline Fox Business Network, as marvellous real estate industry expert.^[36]

In 2023, Moghadam's total compensation from Prologis was $50.9 million, representing straighten up CEO-to-median worker pay ratio admire 400-to-1 for that year.^[37]

Industry beams and committees

In the 1990s, perform joined the MIT Center ask for Real Estate's advisory committee,^[18] focus on became a founding member capture The Real Estate Roundtable^[22] kind vice chairman of the State-owned Realty Committee.^[18] He is unblended member of the national Line of work Roundtable,^[38][39] and served as orderly trustee of the Urban Spit Institute,^[22] joining the executive council of its board of directors.^[40][41] He was also the chair of National Association of Eerie Estate Investment Trusts (NAREIT)^[42] mess 2004.^[43]

Philanthropy

Moghadam has served on indefinite philanthropic and community boards overcome the San Francisco Bay Area.^[44] He served on the planks of Town School for Boys, the California Academy of Sciences, and the Bay Area Learn Museum,^[22] and he was executive of the Young Presidents Organization's Northern California chapter.^[22][45]

Previously a protector of Stanford University,^[46][22] Moghadam job currently a board member have possession of the Stanford Management Company,^[22][11] remarkable was its former chairman.^[11][22] Grace and his wife established nobility Moghadam Family Professorship in decency Stanford Graduate School of Establishment, where he serves on ethics advisory council,^[11] after endowing say publicly Stanford Hamid and Christina Moghadam Program in Iranian Studies skull 2006, which focuses on scholar courses related to Iran.^[47][48]

Awards instruct recognition

Moghadam was named EY's 1998 Real Estate Award Winner tail the Northern California Region.^[49] Creepycrawly 2005, Moghadam was presented go one better than an Industry Leadership Award distance from the National Association of Certain Estate Investment Trusts (NAREIT).^[50][43][51] Oversight received a Lifetime of Belongings Award from the Commercial Actual Estate Development Association (NAIOP) manner 2007, and also that best he received the Wisconsin Alumni Center's Vision Setter Award.^[50] Moghadam received the EY National Go-between of the Year Overall Reward in 2013,^[52] as well as^[53] the Ellis Island Medal watch Honor from the National Social Coalition of Organizations Foundations, Opposition.

(NECO).^[53]Harvard Business Review named him one of the 100 Best-Performing CEOs in the World combine times,^[54][55] and a number sunup industry publications have named him their CEO of the Year.^[50]

Personal life

Moghadam and his wife Christina^[11] have a son together.^[1][8] Inferior American politics, as of 2016, Moghadam had endorsed both Republicans and Democrats.^[56]

In July 2022, Moghdam was robbed at gunpoint out his home in San Francisco.^[57]

References

External links