People: Government Properties Income Trust (GOV)

GOV on New York Consolidated

25.71USD
17 Apr 2014
Price Change (% chg)

$0.15 (+0.59%)
Prev Close
$25.56
Open
$25.56
Day's High
$25.72
Day's Low
$25.41
Volume
490,128
Avg. Vol
366,512
52-wk High
$27.03
52-wk Low
$23.00

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Summary

Name Age Since Current Position

David Blackman

50 2011 President, Chief Operating Officer

Mark Kleifges

52 2011 Chief Financial Officer, Treasurer

Barbara Gilmore

62 2009 Independent Trustee

John Harrington

76 2009 Independent Trustee

Adam Portnoy

42 2011 Managing Trustee

Barry Portnoy

67 2009 Managing Trustee

Jeffrey Somers

69 2009 Independent Trustee

Timothy Bonang

Vice President, Investor Relations

Biographies

Name Description

David Blackman

Mr. David M. Blackman is President, Chief Operating Officer of Government Properties Income Trust. He was the company's Treasurer and Chief Financial Officer from 2009 until 2011. Previously, Mr. Blackman had been employed as a banker at Wachovia Corporation and its predecessors for 23 years, focused on real estate finance matters, including serving as a Managing Director in the real estate section of Wachovia Capital Markets, LLC from 2005 through 2009. Mr. Blackman has also been employed as a Senior Vice President of RMR since 2009.

Mark Kleifges

Mr. Mark L. Kleifges serves as Chief Financial Officer, Treasurer of Government Properties Income Trust. He was Treasurer and Chief Financial Officer from 2009 until 2011. Previously, Mr. Blackman had been employed as a banker at Wachovia Corporation and its predecessors for 23 years, focused on real estate finance matters, including serving as a Managing Director in the real estate section of Wachovia Capital Markets, LLC from 2005 through 2009. Mr. Blackman has also been employed as a Senior Vice President of RMR since 2009.

Barbara Gilmore

Ms. Barbara D. Gilmore serves as an Independent Trustee of Government Properties Income Trust since June 2009. Ms. Gilmore has served as a professional law clerk at the United States Bankruptcy Court, Central Division of the District of Massachusetts, since 2001. Ms. Gilmore was a partner of the law firm of Sullivan & Worcester LLP from 1993 to 2000, during which time she was appointed and served as trustee or examiner in various cases involving business finance matters. Ms. Gilmore has been an Independent Director of Five Star Quality Care, Inc., or Five Star, since 2004 and TravelCenters of America LLC, or TA, since 2007.

John Harrington

Mr. John L. Harrington serves as an Independent Trustee of Government Properties Income Trust since June 2009. Mr. Harrington was Chairman of the Board of the Yawkey Foundation (a charitable foundation) from 2002 to 2003 and since 2007, serving as one of its trustees since 1982 and as Executive Director from 1982 to 2006. He was also a Trustee of the JRY Trust from 1982 through 2009. Mr. Harrington was Chief Executive Officer and General Partner of the Boston Red Sox Baseball Club from 1986 to 2002 and served as that organization's Vice President and Chief Financial Officer prior to that time. He was President of Boston Trust Management Corp. from 1981 to 2006 and a principal of Bingham McCutchen Sports Consulting LLC from 2007 to 2008. Mr. Harrington represented the Boston Red Sox majority interest in co-founding The New England Sports Network, or NESN, managing NESN from 1981 to 2002. Mr. Harrington served as a Director of Fleet Bank from 1995 to 1999 and of Shawmut Bank of Boston from 1986 to 1995, a Member of the Major League Baseball Executive Council from 1998 to 2001, Assistant Secretary of Administration and Finance for the Commonwealth of Massachusetts in 1980, Treasurer of the American League of Professional Baseball Clubs from 1970 to 1972, Assistant Professor and Director of Admissions. Mr. Harrington has held many civic leadership positions and received numerous leadership awards and honorary doctorate degrees. Mr. Harrington holds a Massachusetts license as a certified public accountant. Mr. Harrington has been an Independent Trustee of RMR Real Estate Income Fund, or RIF, and its predecessor funds since shortly after their formation (the earliest of which was in 2002) and was an Independent Trustee of RMR Funds Series Trust from shortly after its formation in 2007 until its dissolution in 2009.1 Mr. Harrington served as an Independent Director of Five Star from 2001 to 2003.

Adam Portnoy

Mr. Adam D. Portnoy serves as Managing Trustee of Government Properties Income Trust. Mr. Portnoy has been a Managing Trustee of CommonWealth REIT, or CWH, HPT and SNH since 2006, 2007 and 2007, respectively. Mr. Portnoy has been an Interested Trustee of RIF and its predecessor funds since 2009. Mr. Portnoy has been President of CWH since 2011 and was an Executive Vice President of CWH from 2003 through 2006. He was the company's President from the company's formation in 2009 until 2011. Mr. Portnoy has been an executive officer of RMR since 2003 and currently is the President, Chief Executive Officer and a Director of RMR. Additionally, Mr. Portnoy is an owner of RMR and of RMR Advisors, Inc., or RMR Advisors, an SEC registered investment advisor. Mr. Portnoy has been President and Director of RMR Advisors since 2007 and was a Vice President prior to that time since 2003. He has also been President of RIF and its predecessor funds since 2007 and was President of RMR Funds Series Trust from its formation in 2007 until its dissolution in 2009. Prior to becoming President in 2007, Mr. Portnoy served as Vice President of certain of the closed end RMR Funds beginning in 2004. Prior to 2004, Mr. Portnoy held various positions in the finance industry and public sector, including as a Senior Investment Officer of the International Finance Corporation (a member of The World Bank Group) and Vice President of an investment bank. Mr. Portnoy is also currently Honorary Consul General of the Republic of Bulgaria to Massachusetts.

Barry Portnoy

Mr. Barry M. Portnoy serves as Managing Trustee of Government Properties Income Trust since February 2009. Mr. Portnoy has been a Managing Trustee of CWH, HPT and SNH since 1986, 1995 and 1999, respectively. He has been a Managing Director of Five Star and TA since 2001 and 2006, respectively. Mr. Portnoy is an owner of RMR and of RMR Advisors. Mr. Portnoy has been an owner and a Director of RMR (and its predecessor) since its founding in 1986, a full time employee of RMR since 1997, the Chairman of RMR since 1998 and a Director and Vice President of RMR Advisors since 2002. Mr. Portnoy has been an Interested Trustee of RIF and its predecessor funds from shortly after their formation (the earliest of which was in 2002) and was an Interested Trustee of RMR Funds Series Trust from shortly after its formation in 2007 until its dissolution in 2009. Mr. Portnoy practiced law for many years as a partner in, and chairman of, a law firm until 1997.

Jeffrey Somers

Mr. Jeffrey P. Somers serves as an Independent Trustee of Government Properties Income Trust since June 2009. Mr. Somers has been, since 2010, Of Counsel to, and from 1995 to 2009, was a member, and for six of those years a managing member, of the law firm of Morse, Barnes-Brown & Pendleton, PC. Prior to that time, he was a partner for more than 20 years at the law firm of Gadsby Hannah LLP (now McCarter & English, LLP) and for eight of those years was managing partner of the firm. Since 2002, Mr. Somers has served as a Director for Cantella Management Corp., a holding company for Cantella & Co., Inc., an SEC registered broker dealer. From 1995 to 2001 he served as a Trustee for the Pictet Funds. Before entering private law practice, Mr. Somers was a staff attorney at the SEC in Washington, D.C. He has previously served as a trustee for Glover Hospital, which is now part of Beth Israel Deaconess Hospital, among various other civic leadership roles. Mr. Somers has been an Independent Trustee of RIF and its predecessor funds since 2009 and was an Independent Trustee of RMR Funds Series Trust from 2009 until its later dissolution in 2009. Mr. Somers has been an Independent Trustee of SNH since 2009.

Timothy Bonang

Basic Compensation

Name Fiscal Year Total

David Blackman

159,220

Mark Kleifges

152,220

Barbara Gilmore

--

John Harrington

--

Adam Portnoy

61,152

Barry Portnoy

--

Jeffrey Somers

--

Timothy Bonang

--
As Of 30 Dec 2012

Options Compensation

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