Select Income REIT Appoints Jeff Leer as Chief Financial Officer and Treasurer Following John Popeo’s Retirement

10/25/2018

NEWTON, Mass.--(BUSINESS WIRE)-- Select Income REIT (Nasdaq: SIR) today announced that Jeffrey C. Leer has been appointed as Chief Financial Officer and Treasurer, effective December 1, 2018.

Mr. Leer was recently promoted to Senior Vice President of RMR and he is currently responsible for the day to day oversight of the accounting and finance support functions of RMR and various affiliates. Mr. Leer has been with The RMR Group (Nasdaq: RMR) for over five years in various accounting leadership functions. Prior to joining RMR, Mr. Leer held accounting and finance positions at several Fortune 500 companies as well as practiced for several years in public accounting. Mr. Leer is also a certified public accountant.

Mr. Leer succeeds John C. Popeo, who is retiring and therefore resigning from his positions with both SIR and RMR, effective November 30, 2018. To ensure a smooth transition, Mr. Popeo will remain a non-executive employee of RMR until his retirement on March 30, 2019.

Adam D. Portnoy, Managing Trustee of SIR and Managing Director, President and Chief Executive Officer of RMR, made the following statement:

“John joined RMR in 1997 and SIR in 2011. His guidance helped SIR grow from a $900 million REIT to the over $4 billion REIT it is today. During that time, he maintained a well-managed and conservative balance sheet, which enabled the company to earn and keep investment grade ratings since 2014, and support strong dividend growth over time. On behalf of the SIR and RMR Boards, I want to thank John for his many years of service.”

Mr. Leer has also been recently appointed as Chief Financial Officer and Treasurer of Government Properties Income Trust (Nasdaq: GOV).

Select Income REIT is a real estate investment trust, or REIT, which owns properties that are primarily net leased to single tenants. SIR is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Select Income REIT
Olivia Snyder, 617-796-8320
Manager, Investor Relations
www.sirreit.com

Source: Select Income REIT

  • ICPE Award
  • U.S Green Building Council
  • Energy Star Partner
Cautionary Language

The information appearing in SIR’s website includes statements which constitute forward looking statements. These forward looking statements are based upon SIR’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. SIR’s actual results may differ materially from those contained in SIR’s forward looking statements. The information contained in SIR’s filings with the Securities and Exchange Commission (SEC), including under “Risk Factors” and “Warnings Concerning Forward Looking Statements” in SIR’s periodic reports and other filings, identifies important factors that could cause SIR’s actual results to differ materially from those stated or implied in SIR’s forward looking statements. SIR’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on SIR’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements. Except as required by law, SIR does not intend to update or change any forward looking statements as a result of new information, future events or otherwise.

OK

Cautionary Language

Please note that you are about to view content from a third party website. SIR does not by its inclusion imply its endorsement of or concurrence with the data provided on this website.

OK

Notice

You are leaving this website.

Ok