Office Properties Income Trust (Nasdaq: OPI) today announced the results of its 2019 Annual Meeting of Shareholders which was held today.
Barbara D. Gilmore was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:
Director | Percentage of Shares Voted For | |||
Barbara D. Gilmore | 70.4% |
John L. Harrington was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:
Director | Percentage of Shares Voted For | |||
John L. Harrington | 69.1% |
Adam D. Portnoy was re-elected as a Managing Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:
Director | Percentage of Shares Voted For | |||
Adam D. Portnoy | 59.2% |
Shareholders approved a non-binding advisory resolution approving the frequency with which shareholders wish to have a non-binding advisory vote on the compensation of the Company’s named executive officers.
Proposal | Percentage of Shares Voted For | |||
Resolution to Approve Executive Compensation | 58.0% |
Shareholders ratified the appointment of Ernst & Young LLP as RMR’s independent auditors to serve for the 2019 fiscal year. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:
Proposal | Percentage of Shares Voted For | |||
Ratification of Independent Auditors | 96.1% |
Shareholders approved the amendment to the 2009 Incentive Share Award Plan to extend the term of the plan by three years to June 11, 2022.
Proposal | Percentage of Shares Voted For | |||
Approval of Incentive Share Award Plan | 93.2% |
Office Properties Income Trust is a real estate investment trust, or REIT, focused on owning, operating and leasing buildings primarily leased to single tenants and those with high credit quality characteristics such as 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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