RMR Group Management
Management criteria checks 4/4
RMR Group's CEO is Adam Portnoy, appointed in Jan 2015, has a tenure of 9.67 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 $5.37M. The average tenure of the management team and the board of directors is 6.1 years and 8.8 years respectively.
Key information
Adam Portnoy
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 8.7% |
| CEO tenure | 9.7yrs |
| CEO ownership | 0.7% |
| Management average tenure | 6.1yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
Does RMR Group (NASDAQ:RMR) Have A Healthy Balance Sheet?
Jul 17
RMR Group (NASDAQ:RMR) Has Announced A Dividend Of $0.40
Jan 14RMR Group (NASDAQ:RMR) Has Announced A Dividend Of $0.40
Oct 15Is The RMR Group Inc. (NASDAQ:RMR) Potentially Undervalued?
Aug 28RMR Group (NASDAQ:RMR) Has Announced A Dividend Of $0.40
Jul 16Party Time: Brokers Just Made Major Increases To Their The RMR Group Inc. (NASDAQ:RMR) Earnings Forecasts
May 16The RMR Group Inc.'s (NASDAQ:RMR) CEO Compensation Looks Acceptable To Us And Here's Why
Mar 23Why The RMR Group Inc. (NASDAQ:RMR) Could Be Worth Watching
Feb 09RMR Group declares $0.40 dividend
Oct 13RMR Group declares $0.40 dividend
Jul 14At US$26.72, Is The RMR Group Inc. (NASDAQ:RMR) Worth Looking At Closely?
Jun 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$25m |
| Mar 31 2024 | n/a | n/a | US$45m |
| 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 about average for companies of similar size in the US market ($USD3.38M).
Compensation vs Earnings: Adam's compensation has been consistent with company performance over the past year.
CEO
Adam Portnoy (54 yo)
9.7yrs
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 | 9.7yrs | US$4.29m | 0.68% $ 5.4m | |
| Executive VP | 9.3yrs | US$4.26m | 0.23% $ 1.8m | |
| MD, Executive VP | 9.3yrs | US$4.73m | 0.30% $ 2.4m | |
| Executive Vice President | no data | US$1.61m | 0.17% $ 1.4m | |
| Senior Vice President of Investor Relations and Corporate Communications for The RMR Group LLC | no data | no data | no data | |
| Senior Vice President of RMR Group LLC | 13.7yrs | no data | no data | |
| Senior Vice President of The RMR Group LLC | 3.7yrs | no data | no data | |
| Executive Vice President | 1.7yrs | no data | 0.044% $ 346.5k | |
| Senior Vice President | 3.7yrs | no data | no data | |
| Senior Vice President of RMR Group LLC | 5.9yrs | no data | no data | |
| Senior Vice President of RMR Group LLC | 6.3yrs | no data | no data | |
| Senior Vice President of RMR Group LLC | 2.7yrs | no data | no data |
6.1yrs
Average Tenure
49yo
Average Age
Experienced Management: RMR's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 9.7yrs | US$4.29m | 0.68% $ 5.4m | |
| MD, Executive VP | 9.7yrs | US$4.73m | 0.30% $ 2.4m | |
| Independent Director | 8.8yrs | US$187.40k | 0.15% $ 1.2m | |
| Independent Director | 8.8yrs | US$192.40k | 0.17% $ 1.3m | |
| Lead Independent Director | 7.5yrs | US$189.90k | 0.12% $ 947.7k | |
| Independent Director | 4.3yrs | US$187.40k | 0.097% $ 762.4k |
8.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: RMR's board of directors are considered experienced (8.8 years average tenure).