Rexford Industrial Realty Inc. has announced its 2026 executive compensation program following recent leadership changes. Laura Clark, currently Chief Operating Officer, will become Chief Executive Officer effective April 1, 2026, succeeding Michael S. Frankel and Howard Schwimmer, who will depart on March 31, 2026. For 2026, Clark’s annual base salary is set at $850,000, with Chief Financial Officer Michael Fitzmaurice at $600,000 and General Counsel & Secretary David Lanzer at $565,000. Clark, Fitzmaurice, and Lanzer are eligible for annual cash incentives, with target opportunities of 175%, 150%, and 125% of base salary, respectively. Additionally, Time-Vesting LTIP Unit grants were approved, with grant-date values of $2,465,000 for Clark, $800,000 for Fitzmaurice, and $614,000 for Lanzer. Frankel and Schwimmer will each receive a pro rata portion of their 2026 cash bonuses through their departure date.
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