Service Properties Trust Appoints Chris Bilotto as a Managing Trustee, President and Chief Executive Officer
Service Properties Trust (Nasdaq: SVC) has announced key leadership changes effective March 10, 2025. Chris Bilotto has been appointed as Managing Trustee, President and Chief Executive Officer, succeeding John Murray as Managing Trustee and Todd Hargreaves as President and Chief Investment Officer.
Bilotto, currently an Executive Vice President at The RMR Group (Nasdaq: RMR), oversees the acquisition platform, asset management for hotel and senior living properties, and property development across the United States. He joined RMR in 2011 after working in various management roles at General Growth Properties. Bilotto also serves as Managing Trustee, President and CEO of Diversified Healthcare Trust (Nasdaq: DHC).
The company noted that the resignations of Murray and Hargreaves, effective March 9, 2025, were not due to any disputes with SVC or RMR.
Service Properties Trust (Nasdaq: SVC) ha annunciato importanti cambiamenti nella leadership a partire dal 10 marzo 2025. Chris Bilotto è stato nominato Amministratore Fiduciario, Presidente e Amministratore Delegato, succedendo a John Murray come Amministratore Fiduciario e a Todd Hargreaves come Presidente e Direttore degli Investimenti.
Bilotto, attualmente Vice Presidente Esecutivo presso The RMR Group (Nasdaq: RMR), supervisiona la piattaforma di acquisizione, la gestione degli asset per hotel e strutture per anziani, e lo sviluppo immobiliare negli Stati Uniti. È entrato in RMR nel 2011 dopo aver ricoperto vari ruoli dirigenziali presso General Growth Properties. Bilotto è anche Amministratore Fiduciario, Presidente e CEO di Diversified Healthcare Trust (Nasdaq: DHC).
L'azienda ha fatto sapere che le dimissioni di Murray e Hargreaves, effettive dal 9 marzo 2025, non sono state causate da alcun conflitto con SVC o RMR.
Service Properties Trust (Nasdaq: SVC) ha anunciado cambios clave en el liderazgo que entrarán en vigor el 10 de marzo de 2025. Chris Bilotto ha sido nombrado Fiduciario Principal, Presidente y Director Ejecutivo, sucediendo a John Murray como Fiduciario Principal y a Todd Hargreaves como Presidente y Director de Inversiones.
Bilotto, actualmente Vicepresidente Ejecutivo en The RMR Group (Nasdaq: RMR), supervisa la plataforma de adquisiciones, la gestión de activos para hoteles y propiedades de vida para mayores, y el desarrollo de propiedades en los Estados Unidos. Se unió a RMR en 2011 después de trabajar en varios roles de gestión en General Growth Properties. Bilotto también se desempeña como Fiduciario Principal, Presidente y CEO de Diversified Healthcare Trust (Nasdaq: DHC).
La empresa señaló que las renuncias de Murray y Hargreaves, efectivas el 9 de marzo de 2025, no se debieron a disputas con SVC o RMR.
서비스 프로퍼티 트러스트 (Nasdaq: SVC)는 2025년 3월 10일부터 시행되는 주요 리더십 변화를 발표했습니다. 크리스 빌로토가 관리 신탁자, 회장 및 CEO로 임명되었으며, 존 머레이가 관리 신탁자, 토드 하그리브스가 회장 및 최고 투자 책임자로서의 역할을 이어받습니다.
빌로토는 현재 더 RMR 그룹 (Nasdaq: RMR)의 집행 부사장으로, 미국 전역의 호텔 및 노인 거주 시설에 대한 자산 관리 및 개발 플랫폼을 감독하고 있습니다. 그는 2011년에 RMR에 합류하기 전, 제너럴 그로스 프로퍼티스에서 여러 관리 직책을 역임했습니다. 빌로토는 또한 다각화된 헬스케어 트러스트 (Nasdaq: DHC)의 관리 신탁자, 회장 및 CEO로도 활동하고 있습니다.
회사는 머레이와 하그리브스의 사임이 2025년 3월 9일자로 효력이 발생하며, SVC 또는 RMR과의 분쟁 때문이 아니라고 밝혔습니다.
Service Properties Trust (Nasdaq: SVC) a annoncé des changements clés dans la direction, effectifs à partir du 10 mars 2025. Chris Bilotto a été nommé Fiduciaire Principal, Président et Directeur Général, succédant à John Murray en tant que Fiduciaire Principal et à Todd Hargreaves en tant que Président et Directeur des Investissements.
Bilotto, actuellement Vice-Président Exécutif chez The RMR Group (Nasdaq: RMR), supervise la plateforme d'acquisition, la gestion d'actifs pour les hôtels et les établissements pour personnes âgées, ainsi que le développement immobilier à travers les États-Unis. Il a rejoint RMR en 2011 après avoir occupé divers postes de management chez General Growth Properties. Bilotto est également Fiduciaire Principal, Président et CEO de Diversified Healthcare Trust (Nasdaq: DHC).
L'entreprise a précisé que les démissions de Murray et Hargreaves, effectives le 9 mars 2025, n'étaient pas dues à des différends avec SVC ou RMR.
Service Properties Trust (Nasdaq: SVC) hat wichtige Führungswechsel bekannt gegeben, die am 10. März 2025 wirksam werden. Chris Bilotto wurde zum Haupttreuhänder, Präsidenten und Geschäftsführer ernannt und tritt die Nachfolge von John Murray als Haupttreuhänder und Todd Hargreaves als Präsident und Chief Investment Officer an.
Bilotto, derzeit Executive Vice President bei The RMR Group (Nasdaq: RMR), überwacht die Akquisitionsplattform, das Asset Management für Hotel- und Seniorenwohnimmobilien sowie die Immobilienentwicklung in den Vereinigten Staaten. Er trat 2011 in die RMR ein, nachdem er in verschiedenen Managementpositionen bei General Growth Properties gearbeitet hatte. Bilotto ist auch Haupttreuhänder, Präsident und CEO von Diversified Healthcare Trust (Nasdaq: DHC).
Das Unternehmen stellte fest, dass die Rücktritte von Murray und Hargreaves, die am 9. März 2025 wirksam werden, nicht auf Streitigkeiten mit SVC oder RMR zurückzuführen sind.
- Appointment of experienced executive with extensive real estate management background
- Smooth leadership transition with clear timeline
- No disputes or conflicts associated with the management change
- Loss of two key executives simultaneously
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
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 SVC or RMR.
About Service Properties Trust
Service Properties Trust (Nasdaq: SVC) is a real estate investment trust with over
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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Kevin Barry, Senior Director, Investor Relations
(617) 796-8232
Source: Service Properties Trust
FAQ
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