This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Iron Mountain Appoints Walter Rakowich To Its Board Of Directors

Walter Rakowich, 55, was appointed Friday to the board of directors of Iron Mountain® Incorporated (NYSE: IRM), becoming the 12 th director for the storage and information management firm.

Rakowich is a former CEO of Prologis (NYSE: PLD), the leading owner, operator and developer of industrial real estate, where he worked 18 years before retiring in December 2012.

“We feel very fortunate to add Walt to our board,” said Iron Mountain Chairman Al Verrecchia. “Walt brings invaluable insight as someone who has led a publicly traded, global real estate company. I look forward to working with him.”

Iron Mountain President and CEO William Meaney added: “Walt is a successful executive, who has deep experience in finance, real estate and international markets. We will rely on this experience as we seek to advance our international growth strategy and maximize the value of our large real estate portfolio. We’re honored to have him on our board.”

While at Prologis, Rakowich held a number of senior management positions, including chief operating officer and chief financial officer, before becoming CEO in 2008. He served as the company’s CEO until it merged with AMB Property Corporation in 2011, when he assumed the role of co-CEO and executive director to manage the integration of the two companies. He joined Prologis in 1994 as part of its external management company, focused on M&A and development.

Previously, Rakowich spent nine years as a partner and principal with real estate developer Trammell Crow Company. He began his career as an auditor and tax consultant with Price Waterhouse.

Today Rakowich serves on the board of Host Hotels & Resorts and is a member of its audit committee. Additionally, he sits on the boards of numerous philanthropic and educational organizations in his home state of Colorado. He is the chairman of the board of Colorado Uplift and a member of the executive committee of the Alliance for School Choice in Education (ACE), two nonprofits focused on inner-city education. He also was formerly on the executive committee and board of governors for the National Association of Real Estate Investment Trusts, the primary industry group for REITs in the United States.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,528.03 -114.98 -0.69%
S&P 500 1,972.18 -16.69 -0.84%
NASDAQ 4,776.5080 -51.8170 -1.07%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs