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The RMR Group Inc. Announces Annual Meeting Results

NEWTON, Mass.--(BUSINESS WIRE)--

The RMR Group Inc. (RMR) today announced the results of its 2019 Annual Meeting of Shareholders which was held today.

Ann Logan was re-elected as an Independent Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

   

Director

Percentage of Shares Outstanding For

Ann Logan 97.8%
 

Rosen Plevneliev was re-elected as an Independent Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

   

Director

Percentage of Shares Outstanding For

Rosen Plevneliev 97.2%
 

Walter C. Watkins, Jr. was re-elected as an Independent Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

   

Director

Percentage of Shares Outstanding For

Walter C. Watkins, Jr. 97.8%
 

Jennifer Clark was re-elected as a Managing Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

   

Director

Percentage of Shares Outstanding For

Jennifer Clark 97.0%
 

Adam D. Portnoy was re-elected as a Managing Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

   

Director

Percentage of Shares Outstanding For

Adam D. Portnoy 96.9%
 

Shareholders ratified the appointment of Ernst & Young LLP as RMR’s independent auditors to serve for the 2019 fiscal year. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

   

Proposal

Percentage of Shares Outstanding For

Ratification of Independent Auditors 99.6%
 

The RMR Group Inc. is a holding company, and substantially all of its business is conducted by its majority-owned subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate operating companies. As of December 31, 2018, The RMR Group LLC had approximately $29.7 billion of total assets under management, including more than 1,500 properties, and employed over 600 real estate professionals in more than 30 offices throughout the United States; the companies managed by The RMR Group LLC collectively had approximately 50,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.

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