Board of Directors

Adam D. Portnoy

Adam Portnoy
Managing Director

As Chair of the Board since 2019 and Managing Director since 2018, Adam Portnoy brings extensive experience in, and knowledge of the healthcare industry to Five Star Senior Living (Nasdaq: FVE). Mr. Portnoy is the President and Chief Executive Officer of The RMR Group Inc. (Nasdaq: RMR) and The RMR Group LLC and serves as the Chair of the RMR Executive Operating Committee.

Mr. Portnoy also serves on the boards of other publicly traded companies managed by The RMR Group LLC, including: Service Properties Trust (Nasdaq: SVC), Diversified Healthcare Trust (Nasdaq: DHC), Office Properties Income Trust (Nasdaq: OPI), Industrial Logistics Properties Trust (Nasdaq: ILPT), Tremont Mortgage Trust (Nasdaq: TRMT), TravelCenters of America Inc. (Nasdaq: TA), RMR Mortgage Trust (Nasdaq: RMRM), Sonesta International Hotels Corporation (Private) and Tremont Realty Advisors LLC, an SEC registered investment adviser. Prior to joining RMR in 2003, Mr. Portnoy held various positions in the finance industry and public sector, including working as a banker at Donaldson, Lufkin & Jenrette and ABN AMRO, working in private equity at the International Finance Corporation (a member of The World Bank Group) and DLJ Merchant Banking Partners, as well as serving as Chief Executive Officer of a telecommunications company. Mr. Portnoy currently serves as Chair of the Board of Directors of the Pioneer Institute, as a member of the Board of Directors of the Greater Boston Chamber of Commerce and as the Honorary Consul General of the Republic of Bulgaria to the Commonwealth of Massachusetts, and he is formerly a member of the Board of Trustees of Occidental College and the Board of Governors of the National Association of Real Estate Investment Trusts (Nareit). Mr. Portnoy graduated with a Bachelor’s degree in Public Policy from Occidental College in 1993.