ÂÜÀòÂÒÂ×

In 2018, Mr. Portnoy was appointed Managing Director of Travel Centers of America Inc. (Nasdaq: TA), an organization that owns and operates more than 250 full-service travel centers and 40 family style restaurants across the U.S. Mr. Portnoy has served as Chair of the Board for TA since 2019. Mr. Portnoy is the Managing Director, President and Chief Executive Officer of The RMR Group Inc. (Nasdaq: RMR) and President and Chief Executive Officer of The RMR Group LLC. As Chair of the RMR Executive Operating Committee, Mr. Portnoy is on the Board of RMR and the Boards of several companies managed by The RMR Group LLC, including:

Service Properties Trust (Nasdaq: SVC), Diversified Healthcare Trust (Nasdaq: DHC), Office Properties Income Trust (Nasdaq: OPI), Industrial Logistics Properties Trust (Nasdaq: ILPT), Tremont Mortgage Trust (Nasdaq: TRMT), Five Star Senior Living Inc. (Nasdaq: FVE), RMR Mortgage Trust (Nasdaq: RMRM), Sonesta International Hotels Corporation (Private) and Tremont Realty Advisors LLC, an SEC registered investment adviser. 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. Mr. Portnoy currently serves on the Board of Directors of the Pioneer Institute, and as the Honorary Consul General of the Republic of Bulgaria to the Commonwealth of Massachusetts, and 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). Mr. Portnoy graduated with a Bachelor’s degree in Public Policy from Occidental College in 1993.