RMR Group Management
Management criteria checks 3/4
RMR Group's CEO is Adam Portnoy, appointed in Jan 2015, has a tenure of 9.25 years. total yearly compensation is $4.29M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth MX$88.50M. The average tenure of the management team and the board of directors is 8.9 years and 8.4 years respectively.
Key information
Adam Portnoy
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 8.7% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 8.9yrs |
| Board average tenure | 8.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$57m |
| Sep 30 2023 | US$4m | US$375k | US$56m |
| Jun 30 2023 | n/a | n/a | US$61m |
| Mar 31 2023 | n/a | n/a | US$44m |
| Dec 31 2022 | n/a | n/a | US$32m |
| Sep 30 2022 | US$4m | US$375k | US$34m |
| Jun 30 2022 | n/a | n/a | US$35m |
| Mar 31 2022 | n/a | n/a | US$36m |
| Dec 31 2021 | n/a | n/a | US$35m |
| Sep 30 2021 | US$4m | US$350k | US$35m |
| Jun 30 2021 | n/a | n/a | US$28m |
| Mar 31 2021 | n/a | n/a | US$27m |
| Dec 31 2020 | n/a | n/a | US$28m |
| Sep 30 2020 | US$4m | US$350k | US$29m |
| Jun 30 2020 | n/a | n/a | US$31m |
| Mar 31 2020 | n/a | n/a | US$30m |
| Dec 31 2019 | n/a | n/a | US$32m |
| Sep 30 2019 | US$4m | US$325k | US$74m |
| Jun 30 2019 | n/a | n/a | US$74m |
| Mar 31 2019 | n/a | n/a | US$76m |
| Dec 31 2018 | n/a | n/a | US$77m |
| Sep 30 2018 | US$5m | US$300k | US$95m |
| Jun 30 2018 | n/a | n/a | US$92m |
| Mar 31 2018 | n/a | n/a | US$91m |
| Dec 31 2017 | n/a | n/a | US$89m |
| Sep 30 2017 | US$4m | US$300k | US$42m |
Compensation vs Market: Adam's total compensation ($USD4.29M) is above average for companies of similar size in the MX market ($USD346.83K).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
CEO
Adam Portnoy (53 yo)
9.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 9.3yrs | US$4.29m | 0.68% $ 88.5m | |
| Executive VP | 8.9yrs | US$4.26m | 0.23% $ 30.4m | |
| MD, Executive VP | 8.9yrs | US$4.73m | 0.30% $ 38.9m | |
| Executive Vice President | no data | US$1.61m | 0.17% $ 22.4m | |
| Executive Officer | no data | US$2.85m | 0.12% $ 15.1m | |
| VP of Operations & Business Development of The RMR Group LLC | less than a year | no data | no data | |
| Vice President of Investor Relations of The RMR Group | less than a year | no data | no data | |
| VP of Marketing & Corporate Communications | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of The RMR Group LLC | no data | no data | no data | |
| Senior Vice President of RMR Group LLC | 13.3yrs | no data | no data | |
| Senior Vice President of The RMR Group LLC | 3.3yrs | no data | no data |
8.9yrs
Average Tenure
59yo
Average Age
Experienced Management: RMR *'s management team is seasoned and experienced (8.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 9.3yrs | US$4.29m | 0.68% $ 88.5m | |
| MD, Executive VP | 9.3yrs | US$4.73m | 0.30% $ 38.9m | |
| Independent Director | 8.4yrs | US$191.08k | 0.15% $ 19.6m | |
| Independent Director | 8.4yrs | US$192.40k | 0.17% $ 21.5m | |
| Lead Independent Director | 7.1yrs | US$193.58k | 0.12% $ 15.6m | |
| Independent Director | 3.8yrs | US$187.40k | 0.097% $ 12.6m |
8.4yrs
Average Tenure
62.5yo
Average Age
Experienced Board: RMR *'s board of directors are considered experienced (8.4 years average tenure).