RMR Group Management

Management criteria checks 3/4

RMR Group's CEO is Adam Portnoy, appointed in Jan 2015, has a tenure of 9.83 years. total yearly compensation is $4.29M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth €5.26M. The average tenure of the management team and the board of directors is 6.3 years and 9 years respectively.

Key information

Adam Portnoy

Chief executive officer

US$4.3m

Total compensation

CEO salary percentage8.7%
CEO tenure9.8yrs
CEO ownership0.7%
Management average tenure6.3yrs
Board average tenure9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adam Portnoy's remuneration changed compared to RMR Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$25m

Mar 31 2024n/an/a

US$45m

Dec 31 2023n/an/a

US$57m

Sep 30 2023US$4mUS$375k

US$56m

Jun 30 2023n/an/a

US$61m

Mar 31 2023n/an/a

US$44m

Dec 31 2022n/an/a

US$32m

Sep 30 2022US$4mUS$375k

US$34m

Jun 30 2022n/an/a

US$35m

Mar 31 2022n/an/a

US$36m

Dec 31 2021n/an/a

US$35m

Sep 30 2021US$4mUS$350k

US$35m

Jun 30 2021n/an/a

US$28m

Mar 31 2021n/an/a

US$27m

Dec 31 2020n/an/a

US$28m

Sep 30 2020US$4mUS$350k

US$29m

Jun 30 2020n/an/a

US$31m

Mar 31 2020n/an/a

US$30m

Dec 31 2019n/an/a

US$32m

Sep 30 2019US$4mUS$325k

US$74m

Jun 30 2019n/an/a

US$74m

Mar 31 2019n/an/a

US$76m

Dec 31 2018n/an/a

US$77m

Sep 30 2018US$5mUS$300k

US$95m

Compensation vs Market: Adam's total compensation ($USD4.29M) is above average for companies of similar size in the German market ($USD1.44M).

Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.


CEO

Adam Portnoy (54 yo)

9.8yrs

Tenure

US$4,290,070

Compensation

Mr. Adam David Portnoy has been Managing Trustee at Industrial Logistics Properties Trust since 2017. He serves as Chair of the Board of Trustees at Seven Hills Realty Trust (formerly known as RMR Mortgage...


Leadership Team

NamePositionTenureCompensationOwnership
Adam Portnoy
CEO, President9.8yrsUS$4.29m0.72%
€ 5.3m
Matthew Jordan
Executive VP9.5yrsUS$4.26m0.29%
€ 2.1m
Jennifer Clark
MD, Executive VP9.5yrsUS$4.73m0.35%
€ 2.6m
John Murray
Executive Vice Presidentno dataUS$1.61m0.20%
€ 1.4m
Timothy Bonang
Senior Vice President of Investor Relations and Corporate Communications for The RMR Group LLCno datano datano data
Mark Young
Senior Vice President of RMR Group LLC13.8yrsno datano data
Jacquelyn Anderson
Senior Vice President of The RMR Group LLC3.8yrsno datano data
Christopher Bilotto
Executive Vice President1.8yrsno data0.072%
€ 527.2k
Todd Hargreaves
Senior Vice President3.8yrsno datano data
Jeffrey Leer
Executive Vice President of RMR Group LLC6.1yrsno data0.069%
€ 501.1k
Matthew Brown
Senior Vice President of RMR Group LLC6.4yrsno datano data
Brian Donley
Senior Vice President of RMR Group LLC2.8yrsno datano data

6.3yrs

Average Tenure

49yo

Average Age

Experienced Management: 26R's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Adam Portnoy
CEO, President9.8yrsUS$4.29m0.72%
€ 5.3m
Jennifer Clark
MD, Executive VP9.8yrsUS$4.73m0.35%
€ 2.6m
Walter Watkins
Independent Director9yrsUS$187.40k0.15%
€ 1.1m
Ann Logan
Independent Director9yrsUS$192.40k0.17%
€ 1.2m
Rosen Plevneliev
Lead Independent Director7.7yrsUS$189.90k0.12%
€ 877.1k
Jonathan Veitch
Independent Director4.4yrsUS$187.40k0.097%
€ 705.6k

9.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 26R's board of directors are considered experienced (9 years average tenure).