Prologis European Properties, one of Europe's largest owners of modern distribution facilities, said on Thursday that it has appointed Peter Cassells, its current chief financial officer, to the post of chief executive officer per February 2, 2009. He will succeed Gordon Keiser, who has announced his retirement.
Prologis European Properties, one of Europe's largest owners of modern distribution facilities, said on Thursday that it has appointed Peter Cassells, its current chief financial officer, to the post of chief executive officer per February 2, 2009. He will succeed Gordon Keiser, who has announced his retirement.
Cassells, aged 43, has been PEPR's chief financial officer since the company's initial public offering in 2006. From 2004 to 2006, Cassells was first vice president and fund manager for Prologis in Europe, responsible for managing PEPR, and has been with the group since 2000. He is based in Luxembourg.
In addition, PEPR also announced the appointment of Luke Lands as interim chief financial officer. Lands, aged 52, was most recently chief financial officer - Europe for Prologis, PEPR's external manager.
