Board Increases its Size from Six to Eight Members
Board Now Includes Six Independent Trustees
NEWTON, Mass.
--(BUSINESS WIRE)--
Office Properties Income Trust
(Nasdaq: OPI) today announced that its
Board of Trustees
has elected
Donna D. Fraiche
and
William A. Lamkin
as Independent Trustees in Class II and Class III of OPI’s Board, respectively, effective
January 15, 2019
. With the election of Ms. Fraiche and
Mr. Lamkin
, OPI’s Board increases from six to eight trustees and now includes six independent trustees.
Ms. Fraiche
, age 67, is senior counsel in the law firm of
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
and has practiced law in that firm since 2004. Previously,
Ms. Fraiche
practiced law with the firm now known as
Locke Lord LLP
in
New Orleans, LA
.
Mr. Lamkin
, age 59, has been a partner in
Ackrell Capital LLC
, a
San Francisco
based investment bank, since 2003. Prior to being a partner in
Ackrell Capital LLC
, he was employed as a financial consultant and as an investment banker, including as a senior vice president in the investment banking division of
ABN AMRO
. Prior to working as a financial consultant and as an investment banker,
Mr. Lamkin
was a practicing attorney.
Office Properties Income Trust
is a real estate investment trust, or REIT, which primarily owns properties located throughout
the United States
and leased to single tenants and those with high credit quality characteristics like government entities. OPI 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.
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Olivia Snyder
, Manager, Investor Relations
(617) 219-1410