Seven Hills Realty Trust filed SEC Form 8-K: Leadership Update
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In this Current Report on Form 8-K, the terms “we”, “us,” “our,” or “our Company” refer to Seven Hills Realty Trust.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 10, 2025, our Board appointed Matthew Brown as our Chief Financial Officer and Treasurer, effective immediately.
Mr. Brown, age 43, has been Chief Financial Officer and treasurer of Diversified Healthcare Trust since September 2023 and Senior Vice President of The RMR Group LLC (“RMR”) since 2019. Mr. Brown has served in various finance and accounting leadership roles with RMR and its subsidiaries since 2007, including currently being responsible for the day-to-day oversight of the accounting and finance support functions and the tax department of RMR and various affiliates. Mr. Brown also served as chief financial officer and treasurer of Office Properties Income Trust from 2019 until September 2023. Mr. Brown is a certified public accountant.
Mr. Brown has advised us that he has no arrangements or understandings with any other person pursuant to which he was appointed Chief Financial Officer and Treasurer, and, except as set forth below, Mr. Brown has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Mr. Brown does not have a family relationship with any member of our Board or any of our executive officers.
Mr. Brown replaces Fernando Diaz, who resigned as our Chief Financial Officer and Treasurer, effective March 9, 2025.
Contemporaneously with Mr. Brown’s appointment as our Chief Financial Officer and Treasurer, we entered into an indemnification agreement with Mr. Brown on substantially the same terms as the indemnification agreements we previously entered into with our other executive officers. We have previously filed a form of indemnification agreement entered into by our Trustees and executive officers with us as Exhibit 10.3 to our Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2023, which form is incorporated herein by reference.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SEVEN HILLS REALTY TRUST | ||
| By: | /s/ Thomas J. Lorenzini | |
| Name: | Thomas J. Lorenzini | |
| Title: | President | |
Date: March 10, 2025