NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced the results of its 2020 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 |
96.7% |
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 |
96.6% |
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. |
96.7% |
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 |
98.0% |
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 |
98.1% |
Shareholders ratified the appointment of Ernst & Young LLP as RMR’s independent auditors to serve for the 2020 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 |
99.0% |
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, 2019, The RMR Group LLC had $32.2 billion of assets under management, including over 2,100 properties, and employed approximately 600 real estate professionals in more than 30 offices throughout the United States; and the companies managed by The RMR Group LLC collectively had nearly 50,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.
