For the second year running, in its eighth annual ranking, Harvard Business Review (HBR) named Prologis CEO Hamid R. Moghadam one of the world’s 100 Best-Performing CEOs. Hamid, who has led Prologis and its predecessor company AMB Property Corp. since 1983 and serves as chairman of the company’s board, ranked 43rd on the prestigious list, which appears in the magazine’s November 2017 issue.

HBR’s 2017 ranking of the world’s best-performing CEOs is remarkably consistent with 2016’s tally. Hamid, however, rose ten spots. Only five CEOs from the real estate sector made the list, and Hamid ranked first among them.

HBR’s CEO rankings recognize top executives who have implemented long-term strategies and established lasting track records. It looks at both financial performance and successful environmental-social-governance (ESG) measures over each leader's tenure.

To compile the list, HBR examined the track records of 898 CEOs of S&P Global 1200 companies with tenures of two years or more. The S&P Global 1200 is an index of companies comprising 70 percent of the world’s stock market capitalization. It includes companies in North America, Europe, Asia, Latin America and Australia.   

HBR examined three financial metrics: total shareholder return adjusted for performance of the home country’s stock market, total shareholder return adjusted for industry performance and change in market capitalization. HBR averaged these three metrics to create an overall ranking that comprises 80 percent of each CEO’s score. HBR assigned a 10 percent weighting to each of two non-financial metrics: one from Sustainalytics, a provider of environmental, social, and governance research and analytics, and the other from CSRHub, which aggregates data on ESG performance.

The study looks at each CEO's ability to implement successful, high-impact strategies throughout their tenure. HBR notes that, "Unlike rankings that are based on subjective evaluations or short-term metrics, our list relies on objective performance measures over a chief executive's entire tenure—numbers that often hold steady."

Hamid’s leadership at Prologis and its predecessor company falls squarely into this category. Hamid, a graduate of the Massachusetts Institute of Technology and the Stanford Graduate School of Business, has brought vision and drive to building logistics real estate's global leader. As of September 30, 2017, the company owned or had investments in properties and development projects totaling approximately 687 million square feet (63.8 million square meters) in 19 countries.

A leader and pioneer in the logistics industry, Hamid is a founding member of the Real Estate Roundtable and has served as trustee and member of the board’s executive committee for the Urban Land Institute, as well as chairman of the National Association of Real Estate Investment Trusts (NAREIT). Hamid is a trustee of Stanford University and served as chairman of Stanford Management Company. An active participant in the San Francisco Bay Area community, he has also served on various philanthropic and community boards.

Hamid has been named CEO of the Year on nine separate occasions by four industry publications and has received numerous lifetime achievement awards from industry organizations, including NAREIT and NAIOP.

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