Edition:
United States

Select Income Reit (SIR.OQ)

SIR.OQ on NASDAQ Stock Exchange Global Select Market

19.91USD
19 Oct 2018
Change (% chg)

$0.20 (+1.01%)
Prev Close
$19.71
Open
$19.62
Day's High
$19.92
Day's Low
$19.57
Volume
287,974
Avg. Vol
293,481
52-wk High
$26.25
52-wk Low
$17.91

Summary

Name Age Since Current Position

David Blackman

55 2018 President, Chief Operating Officer, Managing Trustee

John Popeo

57 2011 Chief Financial Officer, Treasurer

Jennifer Clark

57 Secretary

Donna Fraiche

66 2012 Independent Trustee

William Lamkin

58 2012 Independent Trustee

Adam Portnoy

47 2011 Managing Trustee

Jeffrey Somers

75 2012 Independent Trustee

Biographies

Name Description

David Blackman

Mr. David M. Blackman is President, Chief Operating Officer, Managing Trustee of the Company. He is and has been our President and Chief Operating Officer since our formation in 2011. Mr. Blackman joined The RMR Group LLC, or RMR LLC, as senior vice president in 2009; he became an executive vice president of RMR LLC in 2013. Mr. Blackman has served as president and chief operating officer of Government Properties Income Trust, or GOV, since 2011, where he also served as chief financial officer and treasurer from 2009 until 2011. Mr. Blackman has also served as chief executive officer of Tremont Mortgage Trust, or TRMT, since 2017, as a managing trustee of TRMT since March 2018 and as president and chief executive officer of Tremont Realty Advisors LLC since January 2018, where he also served as executive vice president since its formation in 2016 through December 2017. Prior to joining RMR LLC, Mr. Blackman was employed as a banker at Wachovia Corporation and its predecessors for over 20 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.

John Popeo

Mr. John C. Popeo serves as an Chief Financial Officer, Treasurer 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 was chief financial officer and treasurer of Equity Commonwealth from 1999 to 2014. Mr. Popeo was the 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.

Jennifer Clark

Ms. Jennifer B. Clark serves as Secretary of the Company. Ms. Clark supervises legal affairs affecting SIR. Ms. Clark has held positions with SIR and its affiliated companies since 1999. Prior to 1999, Ms. Clark was a Partner at the law firm of Sullivan & Worcester LLP.

Donna Fraiche

Ms. Donna D. Fraiche serves as an Independent Trustee of the Company. Ms. Fraiche is a shareholder in the law firm of Baker, Donelson, Bearman, Caldwell & Berkowitz, PC and has practiced law with that firm since 2004. Previously, Ms. Fraiche practiced law with the firm now known as Locke Lord LLP in New Orleans. Ms. Fraiche is currently president of the Louisiana State Supreme Court Historical Society. She was recently appointed to the American Hospital Association Council on Governance and is a past president and a fellow of the American Health Lawyer's Association. She is a former chair of the Louisiana Health Care Commission and has previously served as chair of the Long Term Community Planning Task Force and Health Care Committee of the Louisiana Recovery Authority, delegate of the Louisiana Recovery Authority to the Louisiana Health Care Redesign Collaborative, and past chair of the Board of Trustees of Loyola University, among numerous other business and civic responsibilities. She serves on the Executive Board and on the Investments Committee of the Baton Rouge Area Foundation and the Executive Committee and Real Estate Committee of Women's Hospital. Ms. Fraiche also serves as Honorary Consul General for Japan in New Orleans.

William Lamkin

Mr. William A. Lamkin serves as an Independent Trustee of the Company. Mr. Lamkin has been a partner in Ackrell Capital LLC, a San Francisco based investment bank, since 2003. Mr. Lamkin was an independent trustee of Equity Commonwealth from 2006 until 2014. Prior to being a partner in Ackrell Capital LLC, he was employed as a financial consultant and as an investment banker, including as a senior vice president in the investment banking division of ABN AMRO. Prior to working as a financial consultant and as an investment banker, Mr. Lamkin was a practicing attorney.

Adam Portnoy

Mr. Adam D. Portnoy is Managing Trustee of the Company. Mr. Portnoy has been one of the managing directors of The RMR Group Inc. ("RMR Inc.") and its president and chief executive officer since shortly after its formation in 2015. Mr. Portnoy is president and chief executive officer of RMR LLC and was a director of RMR LLC from 2006 until June 5, 2015 when RMR LLC became a majority owned subsidiary of RMR Inc. and RMR Inc. 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, the controlling shareholder of RMR Inc. 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. 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 as well as 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 chief executive officer 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.

Jeffrey Somers

Mr. Jeffrey P. Somers serves as Independent Trustee of the Company. Mr. Somers has been, since 2010, of counsel to, and from 1995 to 2009, was a member, and for six of those years the 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. Mr. Somers served as a director for Cantella Management Corp., a holding company for Cantella & Co., Inc., an SEC registered broker-dealer, from 2002 until January 2014, when the company was acquired by a third party. 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 currently part of Beth Israel Deaconess Hospital, among various other civic leadership roles.

Basic Compensation

Name Fiscal Year Total

David Blackman

189,718

John Popeo

189,718

Jennifer Clark

--

Donna Fraiche

139,890

William Lamkin

144,890

Adam Portnoy

60,550

Jeffrey Somers

141,140
As Of  30 Dec 2017