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RMR Group Inc (RMR.OQ)

RMR.OQ on NASDAQ Stock Exchange Capital Market

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10 Dec 2018
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Summary

Name Age Since Current Position

Adam Portnoy

47 2015 President, Chief Executive Officer, Managing Director, Director

Matthew Jordan

42 2015 Chief Financial Officer, Treasurer

Jennifer Clark

57 2018 Executive Vice President, General Counsel, Managing Director, Secretary

Andrew Rebholz

53 2018 Executive Vice President - RMR LLC

David Blackman

55 2013 Executive Vice President of RMR LLC

David Hegarty

61 2006 Executive Vice President of RMR LLC

Mark Kleifges

57 2008 Executive Vice President of RMR LLC

Bruce Mackey

47 2011 Executive Vice President of RMR LLC

John Murray

57 2001 Executive Vice President of RMR LLC

Ann Logan

63 2015 Independent Director

Rosen Plevneliev

53 2017 Independent Director

Walter Watkins

70 2015 Independent Director

Biographies

Name Description

Adam Portnoy

Mr. Adam D. Portnoy is President, Chief Executive Officer, Managing Director, Director of the Company. Mr. Portnoy serves as a director of Hospitality Properties Trust (since 2007); Senior Housing Properties Trust (since 2007); Government Properties Income Trust (since 2009); RMR Real Estate Income Fund, including its predecessor funds (since 2009); Select Income REIT (since 2011); Tremont Mortgage Trust (since 2017); Industrial Logistics Properties Trust (since 2017); TravelCenters of America LLC (since 2018). Mr. Portnoy has been one of our Managing Directors, our President and our Chief Executive Officer since shortly after our formation in 2015. Mr. Portnoy is president and chief executive officer of The RMR Group LLC ("RMR LLC") and was a director of RMR LLC from 2006 until June 5, 2015 when RMR LLC became a majority owned subsidiary of the Company and we became RMR LLC's managing member. Mr. Portnoy has been a director of RMR Advisors LLC since 2007 and served as its president from 2007 to September 2017 and its chief executive officer from 2015 to September 2017. Mr. Portnoy has been a director of Tremont Realty Advisors LLC since March 2016, and he was its president and chief executive officer from March 2016 through December 2017. Mr. Portnoy is an owner, trustee and officer of ABP Trust, the controlling shareholder of the Company. Mr. Portnoy is an owner and has been a director of Sonesta International Hotels Corporation since 2012. Mr. Portnoy served as president of RMR Real Estate Income Fund 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.

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 in 2015. Mr. Jordan joined RMR LLC in April 2012 as chief accounting officer; he became senior vice president, chief financial officer and treasurer of RMR LLC in November 2012; and he became an executive vice president, chief financial officer and treasurer of RMR LLC in October 2017. Mr. Jordan has been an executive vice president, chief financial officer and treasurer of RMR Advisors LLC since October 2017. Mr. Jordan has also been the executive vice president, chief financial officer and treasurer of Tremont Realty Advisors LLC since October 2017; he was previously a vice president, treasurer and chief financial officer of Tremont Realty Advisors LLC since its formation in 2016. Prior to joining RMR LLC, Mr. Jordan was employed at Stanley Black & Decker Company from July 2011 until April 2012 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, Managing Director, Secretary of the Company. She has served as our Executive Vice President, General Counsel and Secretary since shortly after our formation in 2015. Ms. Clark joined The RMR Group LLC (“RMR LLC”), our majority owned subsidiary, 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 also serves as a director and secretary of Sonesta International Hotels Corporation, director, executive vice president, general counsel 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.

Andrew Rebholz

Mr. Andrew J. Rebholz is Executive Vice President - RMR LLC., a subsidiary of the Company. Since January 2018, Mr. Rebholz has been an executive vice president of RMR LLC and chief executive officer of TravelCenters of America LLC. Mr. Rebholz served as a senior vice president of RMR LLC and executive vice president, chief financial officer and treasurer of TravelCenters of America LLC from 2007 until 2017. Previously, Mr. Rebholz served as TA's senior vice president and controller from January 2007 until November 2007. Prior to that time, he served as vice president and controller of TravelCenters of America, Inc., TA's predecessor, since 2002, and as corporate controller of TA's predecessor prior to that since 1997.

David Blackman

Mr. David M. Blackman is Executive Vice President of RMR LLC a subsidiary of the Company. Mr. Blackman joined RMR LLC in 2009 as senior vice president, and he became executive vice president of RMR LLC in 2013. Mr. Blackman has served as president and chief executive officer of Tremont Realty Advisors LLC since January 2018, and he served as executive vice president of Tremont Realty Advisors LLC from its formation in 2016 through December 2017. Mr. Blackman has also served as chief executive officer of Tremont Mortgage Trust since shortly after its formation in 2017, president and chief operating officer of Select Income REIT since 2011 and president and chief operating officer of Government Properties Income Trust since 2011, where he also served as chief financial officer and treasurer from 2009 until 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. Mr. Hegarty was a director of RMR LLC from 1995 until June 5, 2015 when RMR LLC became a majority owned subsidiary of the Company and we became RMR LLC's managing member. Mr. Hegarty has been employed in various positions at RMR LLC and its 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 no longer Executive Vice President of RMR LLC, a subsidiary of the Company effective December 31, 2018 . 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 and of Government Properties Income Trust since 2011. Mr. Kleifges has been the president and chief executive officer of RMR Advisors LLC since October 2017; he was a vice president of RMR Advisors LLC from 2003 to 2004 and its chief financial officer and treasurer from 2004 to September 2017. Mr. Kleifges has also served as chief financial officer and treasurer of RMR Real Estate Income Fund and its predecessor funds since 2003. 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, and was a senior vice president of RMR LLC from 2006 to 2011 and a vice president of RMR LLC from 2001 to 2006. Mr. Mackey has served as president and chief executive officer of Five Star Senior Living Inc. since 2008, and he served as its treasurer, chief financial officer and assistant secretary from 2001 to 2008. 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. From 2014 to 2017, Mr. Murray served as 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.

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 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 boards of directors of Detroit Economic Growth Corporation and Omega Psi Phi Fraternity Federal Credit Union. His past board affiliations include Health Alliance Plan, Detroit Medical Center, Detroit Regional Chamber of Commerce, United Way of Southeast Michigan and Fisk University.

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