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RMR Group Inc (RMR.OQ)

RMR.OQ on NASDAQ Stock Exchange Capital Market

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15 Dec 2017
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Summary

Name Age Since Current Position

Adam Portnoy

47 2015 President, Chief Executive Officer, Managing Director

Matthew Jordan

42 2015 Chief Financial Officer, Treasurer

Jennifer Clark

56 2015 Executive Vice President, General Counsel, Secretary

Barry Portnoy

71 2015 Managing Director

David Blackman

54 2013 Executive Vice President of RMR LLC

David Hegarty

60 2006 Executive Vice President of RMR LLC

Mark Kleifges

56 2008 Executive Vice President of RMR LLC

Bruce Mackey

46 2011 Executive Vice President of RMR LLC

John Murray

56 2001 Executive Vice President of RMR LLC

Thomas O'Brien

66 2008 Executive Vice President of RMR LLC

John Popeo

56 2008 Executive Vice President of RMR LLC

Ann Logan

62 2015 Independent Director

Rosen Plevneliev

52 2017 Independent Director Nominee

Walter Watkins

70 2015 Independent Director

Biographies

Name Description

Adam Portnoy

Mr. Adam D. Portnoy is President, Chief Executive Officer, Managing Director of the Company. Mr. Portnoy was a director of The RMR Group LLC ("RMR LLC") from 2006 until June 5, 2015 when RMR LLC became our majority owned subsidiary and we became RMR LLC's managing member. Mr. Portnoy has been a director, the president and chief executive officer of Tremont Realty Advisors LLC since March 2016, a director and the president of RMR Advisors LLC since 2007 and chief executive officer of RMR Advisors LLC since 2015. Mr. Portnoy is an owner, trustee and officer of ABP Trust, company controlling shareholder. Mr. Portnoy is an owner and has been a director of Sonesta International Hotels Corporation since 2012. Mr. Portnoy serves as a managing trustee of RMR Real Estate Income Fund and served as president from 2007 to 2015 and as president of Government Properties Income Trust from 2009 to 2011. Mr. Portnoy was a managing trustee of Equity Commonwealth from 2006 until 2014 and served as its president from 2011 to 2014. Prior to joining RMR LLC in 2003, Mr. Portnoy held various positions in the finance industry and public sector, including working as an investment banker at Donaldson, Lufkin & Jenrette and ABN AMRO and working in private equity at DLJ Merchant Banking Partners and at the International Finance Corporation (a member of The World Bank Group). In addition, Mr. Portnoy previously founded and served as CEO of a privately financed Internet telecommunication company. Mr. Portnoy currently serves as the Honorary Consul General of the Republic of Bulgaria in Massachusetts, and previously served on the Board of Governors for the National Association of Real Estate Investment Trusts and the Board of Trustees of Occidental College.

Matthew Jordan

Mr. Matthew P. Jordan is Chief Financial Officer, Treasurer of the Company. Mr. Jordan has been our chief financial officer and treasurer since shortly after our formation. Mr. Jordan joined RMR LLC in April 2012 as chief accounting officer; he became chief financial officer, senior vice president and treasurer of RMR LLC in November 2012. Mr. Jordan has also served as vice president, treasurer and chief financial officer of Tremont Realty Advisors LLC since 2016. Prior to joining RMR LLC, Mr. Jordan was employed at Stanley Black & Decker Company from July 2011 and before then at Ernst & Young LLP. Mr. Jordan is a certified public accountant.

Jennifer Clark

Ms. Jennifer B. Clark is Executive Vice President, General Counsel, Secretary of the Company. Ms. Clark has been our executive vice president, general counsel and secretary since shortly after our formation. Ms. Clark joined RMR LLC in 1999 as a vice president; she became a senior vice president in 2006, an executive vice president and general counsel in 2008 and secretary in 2015. Ms. Clark serves as secretary of Government Properties Income Trust, Hospitality Properties Trust, Select Income REIT, Senior Housing Properties Trust, Five Star Quality Care, Inc. and TravelCenters of America LLC and she served as secretary of Equity Commonwealth until 2014. Ms. Clark also serves as a director and secretary of Sonesta International Hotels Corporation, director, vice president and secretary of RMR Advisors LLC, executive vice president, general counsel and secretary of Tremont Realty Advisors LLC and secretary and chief legal officer of RMR Real Estate Income Fund. Prior to joining RMR LLC, Ms. Clark was a partner at the law firm of Sullivan & Worcester LLP.

Barry Portnoy

Mr. Barry M. Portnoy is Managing Director of the Company. Mr. Portnoy has been one of company Managing Directors since shortly after company formation. Mr. Portnoy is a Chairman of RMR LLC and was a director of RMR LLC from its founding in 1986 until June 5, 2015 when RMR LLC became company majority owned subsidiary and we became RMR LLC's managing member. Mr. Portnoy is an owner and trustee of ABP Trust, company controlling shareholder. Mr. Portnoy has been a director of Tremont Realty Advisors LLC since March 2016, Chairman of RMR Advisors LLC since 2015 and a director and a vice president of RMR Advisors LLC since its founding in 2002. Mr. Portnoy also serves as a managing trustee of RMR Real Estate Income Fund. Mr. Portnoy has been an owner and director of Sonesta International Hotels Corporation since 2012. Mr. Portnoy was a trustee of Equity Commonwealth from its founding in 1986 until 2014. Prior to his becoming a full time employee of RMR LLC in 1997, Mr. Portnoy was a partner in, and chairman of, the law firm of Sullivan & Worcester LLP.

David Blackman

Mr. David M. Blackman is Executive Vice President of RMR LLC a subsidiary of the Company. Mr. Blackman has been an executive vice president at RMR LLC since 2013 and was a senior vice president from 2009 to 2013. Mr. Blackman also serves as an executive vice president of Tremont Realty Advisors LLC since 2016. Mr. Blackman has been the president and chief operating officer of Government Properties Income Trust since 2011 and was its chief financial officer and treasurer from 2009 until 2011. Mr. Blackman has also been the president and chief operating officer of Select Income REIT since 2011. Prior to joining RMR LLC, Mr. Blackman was employed as a banker at Wachovia Corporation and its predecessors for 23 years, where he 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.

David Hegarty

Mr. David J. Hegarty is Executive Vice President of RMR LLC, a subsidiary of the Company. Mr. Hegarty has been an executive vice president of RMR LLC since 2006 and president of RMR Intl since 2012. Mr. Hegarty was a director of RMR LLC from 1995 until June 5, 2015 when we became the managing member of RMR LLC. Mr. Hegarty has been employed in various positions at RMR LLC and their managed companies since 1987, including serving as president and chief operating officer of Senior Housing Properties Trust since 1999. Prior to joining RMR LLC, Mr. Hegarty worked at Arthur Young & Co., a predecessor to Ernst & Young LLP. Mr. Hegarty is a certified public accountant.

Mark Kleifges

Mr. Mark L. Kleifges is Executive Vice President of RMR LLC, a subsidiary of the Company. Mr. Kleifges has been an executive vice president of RMR LLC since 2008 and has served in various capacities with RMR LLC and its affiliates for more than ten years. Mr. Kleifges has served as chief financial officer and treasurer of Hospitality Properties Trust since 2002. Mr. Kleifges was a vice president of RMR Advisors LLC from 2003 to 2004 and since 2004 has been its chief financial officer and treasurer. He has also served as chief financial officer and treasurer of RMR Real Estate Income Fund and its predecessor funds since 2003. Mr. Kleifges has also been chief financial officer and treasurer of Government Properties Income Trust since 2011. Mr. Kleifges is a certified public accountant and, prior to joining RMR LLC, was a partner at Arthur Andersen LLP.

Bruce Mackey

Mr. Bruce J. Mackey Jr., is Executive Vice President of RMR LLC, a subsidiary of the Company. Mr. Mackey has been an executive vice president of RMR LLC since 2011, a senior vice president of RMR LLC from 2006 to 2011 and was vice president of RMR LLC from 2001 to 2006. Prior to 2001, he served in various capacities for RMR LLC and its affiliates. Mr. Mackey is a certified public accountant.

John Murray

Mr. John G. Murray is Executive Vice President of RMR LLC, a subsidiary of the Company. Mr. Murray has served in various capacities with RMR LLC and its affiliates since 1993, including as an executive vice president of RMR LLC since 2001 and as a senior vice president of RMR LLC from 1993 to 2001. Mr. Murray has been the president and chief operating officer of Hospitality Properties Trust since 1996 and was its chief financial officer and treasurer from 1995 to 1996. Since 2014, Mr. Murray has been a member of the board of directors of the American Hotel & Lodging Association representing the owners' segment of the association. Prior to joining RMR LLC, Mr. Murray was employed at Fidelity Brokerage Services Inc. and at Ernst & Young LLP.

Thomas O'Brien

Mr. Thomas M. O'Brien is Executive Vice President of RMR LLC, a Subsidiary of the Company. Mr. O'Brien has been an executive vice president of RMR LLC since 2008, and before then was a senior vice president from 2006 to 2008 and a vice president from 1996 to 2006. Mr. O'Brien has been a managing director of TravelCenters of America LLC since 2006 and its president and chief executive officer since 2007. Mr. O'Brien was president and chief executive officer of RMR Advisors LLC and the predecessor funds of RMR Real Estate Income Fund from the time of their founding in 2003 until 2007. Mr. O'Brien was the chief financial officer and treasurer of Hospitality Properties Trust from 1996 until 2004 and its executive vice president from 2004 until 2007. Since 2007, Mr. O'Brien has been a director of NATSO, Inc., a not for profit trade association engaged in activities intended to support the travel center industry, and a director of VirnetX Holding Corporation, a company that develops software and technology solutions for secure communications over the internet. Prior to joining RMR LLC, Mr. O'Brien was employed by Arthur Andersen LLP.

John Popeo

Mr. John C. Popeo is Executive Vice President of RMR LLC, a subsidiary of the Company. Mr. Popeo has been an executive vice president of RMR LLC since 2008, and previously served as its chief financial officer and treasurer from 1997 to 2012, senior vice president from 2006 to 2008 and vice president from 1999 to 2006. Mr. Popeo has been the chief financial officer and treasurer of Select Income REIT since 2011. Mr. Popeo was chief financial officer and treasurer of Equity Commonwealth from 1999 to 2014 and was chief financial officer and treasurer of RMR Advisors LLC from 2002 to 2004. Prior to joining RMR LLC, Mr. Popeo was employed at the Beacon Companies and at other real estate and public accounting firms in the Boston, Massachusetts area. Mr. Popeo is a certified public accountant.

Ann Logan

Ms. Ann D. Logan is Independent Director of the Company. Ms. Logan was previously employed in various executive capacities at Fannie Mae, a U.S. Government sponsored enterprise with various classes of publicly owned securities, including as executive vice president of the single family mortgage business from 1998 to 2000 and as executive vice president and chief credit officer from 1993 to 1998. Since her employment at Fannie Mae, Ms. Logan has been involved in a number of nonprofit organizations, including serving on the boards of The Washington School for Girls and Georgetown Preparatory School and she currently serves as chair of the board of trustees of Bryn Mawr College. Ms. Logan previously served from 2005 to 2010 as a member of the board of directors of PHH Corporation, a New York Stock Exchange listed company providing real estate mortgage and automotive fleet services, where she was chair of the risk management committee and served on the audit and compensation committees. During 2014, Ms. Logan served on the board of trustees of Equity Commonwealth where she served on the audit, compensation and nominating and governance committees.

Rosen Plevneliev

Mr. Rosen Plevneliev is Independent Director Nominee of the Company. Mr. Plevneliev is the former president of the Republic of Bulgaria, having served from January 22, 2012 to January 22, 2017. From 2009 to 2011, he served as Bulgaria's Minister of Regional Development and Public Works, overseeing the country's infrastructure, communications and development projects. Prior to government service, Mr. Plevneliev was a partner and chief executive officer of IRIS International Ltd, a construction management firm that he founded in 1990, and managed several prominent projects in Germany and Bulgaria, including the Reichstag, Munich Airport, and the Sofia Business Park, the first business park in Bulgaria and the largest office park in southeastern Europe. Mr. Plevneliev is a former member of the board of directors of the American Chamber of Commerce in Bulgaria, the board of the Confederation of Employers and Industrialists in Bulgaria and the board of the "For Our Children" Foundation.

Walter Watkins

Mr. Walter C. Watkins, Jr., is Independent Director of the Company. Mr. Watkins is the principal of WCW Enterprises, LLC, which he founded in 2000 to provide business consulting services and manage certain private investments. Prior to founding WCW Enterprises, Mr. Watkins served in various executive capacities at Bank One Corporation (the successor to First Chicago NBD, NBD Bancorp and National Bank of Detroit) from 1968 to 2000, including serving as executive vice president and president of Bank One, Michigan. As executive vice president, he was responsible for middle market banking in Michigan, Ohio and Kentucky, from 1998 to 2000. As president of Bank One, Michigan, he was the bank's primary public spokesman, community liaison and business coordinator for the state of Michigan. Mr. Watkins served as the chief development officer for the City of Detroit from 2002 to 2006 and the interim chief executive officer of Detroit Regional Convention Facility Authority from 2009 to 2010. Mr. Watkins is a member of the board of Detroit Economic Growth Corporation. His past board affiliations include Health Alliance Plan, Detroit Medical Center, Detroit Regional Chamber of Commerce, United Way of Southeast Michigan and Fisk University.