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Ta Petro

Board of Directors


Barry M. Portnoy

Managing Director

Mr. Portnoy is one of our Managing Directors and has been one of the Managing Trustees or Directors of Hospitality Properties Trust, Senior Housing Properties Trust, Government Properties Income Trust, Select Income REIT, and Five Star Quality Care, Inc. since each began business in 1986, 1995, 1999, 2009, 2012 and 2001, respectively. Mr. Portnoy has been a Director and Owner of RMR Advisors, Inc. and a Trustee of each of the funds it has managed since their founding in 2003, including RMR Real Estate Income Fund, collectively the RMR Funds. Mr. Portnoy has been Chairman and Owner of Reit Management & Research LLC since it began business in 1986. From 1978 through March 1997, Mr. Portnoy was a partner of the law firm of Sullivan & Worcester LLP, and he was chairman of that firm from 1994 through March 1997.

Barbara D. Gilmore

Independent Director

Ms. Gilmore is one of our Independent Directors. Ms. Gilmore has served as a clerk to Judge Joel B. Rosenthal of the United States Bankruptcy Court, Western Division of the District of Massachusetts, since 2001. Ms. Gilmore was a Partner of the law firm of Sullivan & Worcester LLP from 1993 to 2000. Ms. Gilmore has been a Director of Five Star Quality Care, Inc. since 2004 and a Trustee of Government Properties Income Trust since 2009.


Lisa Harris Jones

Independent Director

Ms. Jones is one of our independent directors. Ms. Jones is a founding member of the Baltimore-based law firm of Harris Jones and Malone and is a graduate of the University of Pittsburgh in Pittsburgh, PA, and American University Washington College of Law in Washington, D.C. In addition to her professional accomplishments, Ms. Jones has held leadership positions in many community service and civic organizations for which she has received recognitions and awards, including being the recipient of the YWCA Greater Baltimore Special Leadership Award in 2012.

Joseph L. Morea

Independent Director

Mr. Morea is one of our Independent Directors.  Mr. Morea was a Vice Chairman and Managing Director, serving as head of U.S. Equity Capital Markets, at RBC Capital Markets, an international investment bank, from 2003 until 2012.  From 2008 to 2009, Mr. Morea also served as the head of U.S. Investment Banking for RBC Capital Markets.  Previously, Mr. Morea was employed as an investment banker, including as a Managing Director and the co-head of U.S. Equity Capital Markets at UBS, Inc., the Chief Operating Officer of the Investments Banking Division and head of U.S. Equity Capital Markets at PaineWebber, Inc. and a Managing Director of Equity Capital Markets at Smith Barney, Inc. Prior to working as an investment banker, Mr. Morea was employed as a certified public accountant.


Thomas M. O'Brien

Managing Director, President, Chief Executive Officer

Mr. O'Brien has been one of our Managing Directors since 2006 and our President and Chief Executive Officer since 2007.  He has been Executive Vice President of Reit Management & Research LLC, or RMR, since 2008.  He was Senior Vice President of RMR prior to that time since 2006, and he was Vice President prior to that since 1996.  Mr. O'Brien was the President and Director of RMR Advisors, Inc. and President and Chief Executive Officer of each of the RMR Funds since their founding beginning in 2003 until 2007.  From 2002 through 2003, Mr. O'Brien served as Executive Vice President of Hospitality Properties Trust, where he had previously served as Treasurer and Chief Financial Officer since 1996.  Prior to 1996 Mr O'Brien was a Senior Manager with Arthur Anderson LLP.

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