04:43 PM EST, 11/18/2025 (MT Newswires) -- Rexford Industrial Realty ( REXR ) said late Tuesday it will appoint chief operating officer Laura Clark as chief executive, starting April 1, 2026, as part of a planned leadership transition.

Clark will succeed Co-CEOs Michael Frankel and Howard Schwimmer, both of whom will step down from their executive roles on March 31, 2026.

Clark, who has served as COO since 2024 and previously as chief financial officer, joined the company's board of directors on Nov. 17, the real estate investment trust said.