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TRUSTEE

Brief info

Walter is the former CEO of Prologis and a member of the S&P 500. Prologis is a leading provider of distribution facilities and services with over $50 billion in assets and operations in the Americas, Europe and Asia. Walter joined Prologis in 1994.

Prior to becoming CEO, he was the President and Chief Operating Officer, Managing Director and CFO, and the Senior Vice President/Director of the company’s Mid-Atlantic region.

Walter received his M.B.A. from Harvard Business School and his B.S., with distinction, in Accounting from The Pennsylvania State University. He currently serves on the Board of Directors of Host Hotels & Resorts, Iron Mountain Inc, and Ventas Inc (all listed in the S&P 500).

He also serves on the Board of the Global Food Exchange, and is a member of the executive committee and the board of governors for the National Association of Real Estate Investment Trusts (NAREIT).

He was appointed to the Board of Trustees at The Pennsylvania State University in 2014 and serves as Chairman of the University Board’s Audit and Risk Committee.

In 2010, the Penn State Alumni Association named Mr. Rakowich a Penn State Alumni Fellow, a lifetime designation and the highest award given by the association, recognizing outstanding professional achievement.

Walter is currently Chairman of the Board of Colorado UpLift and is a member of the Board of the Alliance for School Choice in Education (ACE), two non-profits focused on educating at risk children in the inner city. He also serves on the board of the CEO Forum.

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