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Stock impact report

Service Properties Trust Appoints Chris Bilotto as a Managing Trustee, President and Chief Executive Officer

Service Properties Trust - Shares of Beneficial Interest (SVC) 
Last service properties trust - shares of beneficial interest earnings: 2/28 07:00 am Check Earnings Report
Company Research Source: Business Wire
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that Chris Bilotto has been appointed as a Managing Trustee, President and Chief Executive Officer of SVC, effective March 10, 2025.Mr. Bilotto is an Executive Vice President of The RMR Group (Nasdaq: RMR), overseeing its acquisition platform, asset management for all hotel and senior living properties, as well as property development and redevelopment throughout the United States. Prior to joining RMR in 2011, Mr. Bilotto worked at General Growth Properties in various management roles. Mr. Bilotto also serves as a Managing Trustee, President and Chief Executive Officer of Diversified Healthcare Trust (Nasdaq: DHC).Mr. Bilotto succeeds John Murray as Managing Trustee, and Todd Hargreaves as President and Chief Investment Officer, both of whom resigned from their positions with SVC, effective March 9, 2025. Neither Mr. Murray’s nor Mr. Hargreaves’s resignations were the result of any dispute with Show less Read more
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