The RMR Group Announces Retirement of Executive Vice President Jennifer Francis
RMR Group (Nasdaq: RMR) Announces New Development Project in Newton, Mass
11/17/2023 - 08:00 AM
NEWTON, Mass. --(BUSINESS WIRE)--
The RMR Group (Nasdaq: RMR) today announced that Jennifer Francis , an Executive Vice President, will be retiring from RMR on July 1, 2024 and that she will be resigning as an executive officer of RMR and Diversified Healthcare Trust (Nasdaq: DHC) effective December 31, 2023.
Ms. Francis’ roles and responsibilities at RMR and DHC will be assumed by other RMR personnel. To ensure a smooth transition, Ms. Francis will remain a non-executive employee of RMR until her retirement on July 1, 2024.
Adam Portnoy , President and Chief Executive Officer of The RMR Group, made the following statement:
“We congratulate Jennifer on her retirement and thank her for 17 years of dedicated service to RMR and its managed companies. Jennifer has made exceptional contributions to our company and provided tremendous mentorship and inspiration for the next generation of leaders at RMR. As a result, I am confident that we have identified the right leaders to assume Jennifer’s roles at RMR and its managed companies and that there will be a seamless transition of responsibilities during the coming months.”
About The RMR Group
The RMR Group is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is supported by over 600 real estate professionals in more than 30 offices nationwide who manage nearly $36 billion Newton, MA and was founded in 1986. For more information, please visit www.rmrgroup.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20231116195553/en/
Kevin Barry, Senior Director, Investor Relations
Source: The RMR Group Inc.
What is the latest announcement from RMR Group (Nasdaq: RMR)?
The RMR Group (Nasdaq: RMR) has announced a new development project in Newton, Mass.
Where is the new development project located?
The new development project is located in Newton, Mass.
What is the ticker symbol of RMR Group?
The ticker symbol of RMR Group is Nasdaq: RMR.
RMR Group Inc (The)
NASDAQ:RMR
RMR Rankings
#3350 Ranked by Stock Gains
RMR Stock Data
Industry
Other Activities Related to Real Estate
Sector
Real Estate and Rental and Leasing
Tags
Finance, Real Estate Development, Real Estate and Rental and Leasing, Other Activities Related to Real Estate
Country
US
City
Newton
About RMR
the rmr group llc, a subsidiary of the rmr group inc. (nasdaq: rmr), is an alternative asset management company primarily focused on real estate related businesses. founded in 1986, the rmr group has grown to one of the leading real estate investment managers in the u.s. with, as of december 31, 2016, approximately $27.2 billion of total assets under management, including more than 1,400 properties, and employed over 450 real estate professionals in more than 30 offices throughout the united states; the companies managed by the rmr group llc collectively had over 53,000 employees. the rmr group provides management services to four publicly traded reits, three real estate operating companies, one real estate securities ,mutual fund and a firm specializing in commercial real estate finance. for more information on the rmr group, please visit www.rmrgroup.com.
