STAG INDUSTRIAL ANNOUNCES PROMOTION OF STEVEN T. KIMBALL TO CHIEF OPERATING OFFICER
STAG Industrial (NYSE:STAG) has announced the promotion of Steven T. Kimball to Chief Operating Officer, effective August 1, 2025. Kimball, who joined the company in early 2023 as Executive Vice President of AG真人官方 Estate Operations, brings extensive industry experience from his previous roles at PGIM AG真人官方 Estate and Prologis.
According to CEO Bill Crooker, Kimball has been crucial in developing a scalable operating platform, expanding the development business, and improving tenant experience through local property management teams. His background includes serving as Managing Director and Head of Operations for the East Region at Prologis from 1995 to 2021, followed by an Executive Director position at PGIM AG真人官方 Estate from 2021 to 2023.
STAG Industrial (NYSE:STAG) ha annunciato la promozione di Steven T. Kimball a Chief Operating Officer, a partire dal 1掳 agosto 2025. Kimball, entrato in azienda all'inizio del 2023 come Executive Vice President delle Operazioni Immobiliari, porta con s茅 una vasta esperienza nel settore, maturata in precedenti ruoli presso PGIM AG真人官方 Estate e Prologis.
Secondo il CEO Bill Crooker, Kimball 猫 stato fondamentale nello sviluppo di una piattaforma operativa scalabile, nell'espansione del business di sviluppo e nel miglioramento dell'esperienza degli inquilini attraverso i team di gestione locale delle propriet脿. Il suo percorso professionale include il ruolo di Managing Director e Responsabile delle Operazioni per la Regione Est di Prologis dal 1995 al 2021, seguito da una posizione di Executive Director presso PGIM AG真人官方 Estate dal 2021 al 2023.
STAG Industrial (NYSE:STAG) ha anunciado la promoci贸n de Steven T. Kimball a Director de Operaciones, con efecto a partir del 1 de agosto de 2025. Kimball, quien se uni贸 a la empresa a principios de 2023 como Vicepresidente Ejecutivo de Operaciones Inmobiliarias, aporta una amplia experiencia en la industria gracias a sus anteriores cargos en PGIM AG真人官方 Estate y Prologis.
Seg煤n el CEO Bill Crooker, Kimball ha sido clave en el desarrollo de una plataforma operativa escalable, la expansi贸n del negocio de desarrollo y la mejora de la experiencia de los inquilinos mediante equipos locales de gesti贸n de propiedades. Su trayectoria incluye haber sido Director General y Jefe de Operaciones para la Regi贸n Este en Prologis desde 1995 hasta 2021, seguido de un puesto como Director Ejecutivo en PGIM AG真人官方 Estate de 2021 a 2023.
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STAG Industrial (NYSE:STAG) a annonc茅 la promotion de Steven T. Kimball au poste de Chief Operating Officer, 脿 compter du 1er ao没t 2025. Kimball, qui a rejoint l'entreprise d茅but 2023 en tant que Vice-Pr茅sident Ex茅cutif des Op茅rations Immobili猫res, apporte une vaste exp茅rience dans le secteur acquise lors de ses pr茅c茅dents postes chez PGIM AG真人官方 Estate et Prologis.
Selon le PDG Bill Crooker, Kimball a jou茅 un r么le cl茅 dans le d茅veloppement d'une plateforme op茅rationnelle 茅volutive, l'expansion des activit茅s de d茅veloppement et l'am茅lioration de l'exp茅rience des locataires gr芒ce aux 茅quipes locales de gestion immobili猫re. Son parcours comprend les fonctions de Directeur G茅n茅ral et Responsable des Op茅rations pour la r茅gion Est chez Prologis de 1995 脿 2021, suivies d'un poste de Directeur Ex茅cutif chez PGIM AG真人官方 Estate de 2021 脿 2023.
STAG Industrial (NYSE:STAG) hat die Bef枚rderung von Steven T. Kimball zum Chief Operating Officer bekannt gegeben, wirksam ab dem 1. August 2025. Kimball, der Anfang 2023 als Executive Vice President f眉r Immobilienbetrieb zum Unternehmen stie脽, bringt umfassende Branchenerfahrung aus seinen fr眉heren Positionen bei PGIM AG真人官方 Estate und Prologis mit.
Dem CEO Bill Crooker zufolge war Kimball ma脽geblich an der Entwicklung einer skalierbaren Betriebsplattform, der Erweiterung des Entwicklungsbereichs sowie der Verbesserung der Mietererfahrung durch lokale Immobilienverwaltungsteams beteiligt. Zu seinem Werdegang geh枚rt die T盲tigkeit als Managing Director und Leiter der Operations f眉r die Ostregion bei Prologis von 1995 bis 2021, gefolgt von einer Position als Executive Director bei PGIM AG真人官方 Estate von 2021 bis 2023.
- Appointment of experienced executive with decades of industrial real estate expertise
- Internal promotion demonstrates strong succession planning and talent development
- Strategic focus on operational efficiency and scalable platform development
- None.
"Steve has done outstanding work since joining us in early 2023 and is instrumental in our initiatives to build a scalable operating platform, grow our development business, and enhance the tenant experience through local third-party property management teams," said Bill Crooker, President and Chief Executive Officer of the Company.聽 "He has decades of experience with industrial real estate and becomes our COO at a time we are emphasizing operational matters.聽 I am pleased to have Steve in this role."
Mr. Kimball served as the Company's Executive Vice President鈥擜G真人官方 Estate Operations from March 2023 until his promotion to Executive Vice President and Chief Operating Officer.聽 From 2021 to 2023, Mr. Kimball served as an Executive Director at PGIM AG真人官方 Estate ("PGIM"). Before joining PGIM, Mr. Kimball held various positions at Prologis, Inc.聽from 1995 to 2021, including serving as Managing Director, Head of Operations, East Region.
Mr. Kimball holds a Bachelor of Science degree from the University of
About STAG Industrial, Inc.
STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, development, ownership, and operation of industrial properties throughout
For additional information, please visit the Company's website at .
Forward-Looking Statements
This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "will," "expect," "intend," "anticipate," "estimate," "should," "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company's annual report on Form 10-K for the year ended December 31, 2024, as updated by the Company's quarterly reports on Form 10-Q. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Company's expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based.
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