Adam D. Portnoy
Managing Trustee
Mr. Portnoy has been a Managing Trustee of Service Properties Trust (Nasdaq: SVC) since 2007 and Chair of the Board since 2019. Mr. Portnoy is currently President and Chief Executive Officer of The RMR Group (Nasdaq: RMR) and is Chair of the RMR Executive Operating Committee. He also serves as Chair of the Boards of RMR’s client companies, including: Diversified Healthcare Trust (Nasdaq: DHC), Office Properties Income Trust (Nasdaq: OPI), Industrial Logistics Properties Trust (Nasdaq: ILPT), Seven Hills Realty Trust (Nasdaq: SEVN), AlerisLife Inc. (Private), Sonesta International Hotels Corporation (Private) and Tremont Realty Capital, an SEC registered investment adviser.
Prior to joining RMR in 2003, he 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. Mr. Portnoy 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 Collegeand the Board of Governors of the National Association of Real Estate Investment Trusts (Nareit).