Mr. Portnoy has been a Managing Trustee of Seven Hills Realty Trust (Nasdaq:
SEVN) since 2007. He served as a Managing Trustee of Tremont Mortgage Trust
from 2017 until its merger into our company. Mr. Portnoy is a Managing
Director, President and Chief Executive Officer of The RMR Group (Nasdaq:
RMR) and is Chair of RMR’s Management Committee. He also serves on the
Boards of several companies managed by RMR or its affiliates, including:
Service Properties Trust (Nasdaq: SVC), Diversified Healthcare Trust
(Nasdaq: DHC), Office Properties Income Trust (Nasdaq: OPI), Industrial
Logistics Properties Trust (Nasdaq: ILPT), AlerisLife Inc. (Private) and
Sonesta International Hotels Corporation (Private). Mr. Portnoy is also a
Director of Tremont Realty Capital LLC, a wholly owned SEC registered
investment adviser subsidiary of The RMR Group LLC. Prior to joining RMR in
2003, Mr. Portnoy held various positions in the finance industry and public
sector, including working as a banker at Donaldson, Lufkin & Jenrette and
ABN AMRO, working in private equity at the International Finance Corporation
(a member of The World Bank Group) and DLJ Merchant Banking Partners, as
well as serving as Chief Executive Officer of a telecommunications company.
He currently serves as Chair of the Board of Directors of the Pioneer
Institute, as a member of the executive committee of the Board of Directors
of the Greater Boston Chamber of Commerce, as a member of the Board of
Directors of the Massachusetts Opportunity Alliance, as a member of the
Board of Directors of the Massachusetts High Technology Council and as the
Honorary Consul General of the Republic of Bulgaria to the Commonwealth of
Massachusetts. He is formerly a member of the Board of Trustees of
Occidental College and the Board of Governors of the National Association of
Real Estate Investment Trusts (Nareit).