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Rexford Industrial Sets 2026 Pay Plan Amid CEO Transition

Story Highlights
  • Rexford aligned 2026 executive pay with its CEO transition, revising salaries and cash incentives.
  • The company shifted 2025 equity awards toward performance-based LTIP units tied to relative TSR.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rexford Industrial Sets 2026 Pay Plan Amid CEO Transition

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An update from Rexford Industrial Realty ( (REXR) ) is now available.

On December 19, 2025, Rexford Industrial Realty’s compensation committee approved the 2026 executive compensation program and granted 2025 year-end equity awards, aligning pay structures with the previously announced leadership transition in which current COO Laura Clark will become CEO on April 1, 2026, and co-CEOs Michael S. Frankel and Howard Schwimmer will depart effective March 31, 2026. The package sets 2026 base salaries for Clark and other key executives, establishes a cash incentive plan for Clark, CFO Michael Fitzmaurice and General Counsel David Lanzer based 70% on Core FFO per diluted share and Same Property Portfolio NOI and 30% on qualitative strategic objectives, and provides Frankel and Schwimmer with pro rata 2026 bonuses through their separation date under existing transition agreements. The committee also approved 2025 equity incentives consisting of time-vesting LTIP units and performance-vesting LTIP units for Clark, Fitzmaurice and Lanzer, shifting the mix toward 60% performance-based awards and tying long-term incentives entirely to relative total shareholder return versus the Nareit Industrial REIT Index and the Dow Jones U.S. Equity REIT index, with an additional absolute TSR modifier and more restrictive change-in-control vesting terms for Fitzmaurice, underscoring a stronger link between executive pay, shareholder returns and the company’s long-term performance metrics.

The most recent analyst rating on (REXR) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on Rexford Industrial Realty stock, see the REXR Stock Forecast page.

Spark’s Take on REXR Stock

According to Spark, TipRanks’ AI Analyst, REXR is a Outperform.

Rexford Industrial Realty’s overall score reflects its strong financial performance and positive corporate events, which are the most significant factors. The technical analysis indicates some short-term bearish trends, while the valuation suggests a premium price. The company’s strategic leadership changes and strong financial results further support its growth potential.

To see Spark’s full report on REXR stock, click here.

More about Rexford Industrial Realty

Rexford Industrial Realty, Inc. is a real estate investment trust focused on owning, operating and developing industrial properties, with an emphasis on logistics and warehouse facilities concentrated in infill Southern California, one of the nation’s most supply-constrained and high-demand industrial markets.

Average Trading Volume: 2,133,827

Technical Sentiment Signal: Buy

Current Market Cap: $9.58B

See more insights into REXR stock on TipRanks’ Stock Analysis page.

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