Prologis announces new CFO

Tim Arndt will be the new CFO of Prologis effective April 1, 2022. Arndt, who has been with Prologis since 2004, will succeed long-time CFO Tom Olinger, who plans to retire.

A well-respected leader in the logistics real estate industry, Olinger has had a significant impact on Prologis and on the industry overall. During his tenure, the company significantly expanded its scale and scope, moving into the top 100 companies of the S&P 500 and growing its total square footage from less than 150 million to 1 billion. Olinger will remain with the company through the balance of the year as part of the transition plan. When he retires, he plans to focus full-time on philanthropic causes.

As the new CFO, Arndt will be responsible for the company's worldwide corporate finance. His areas of responsibility will include treasury, cash management, financial planning and reporting, accounting, tax, investor relations, and internal audit. Arndt is a seasoned finance leader with Pro