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RMR Group Inc. (NASDAQ:RMR), a $493 million market cap real estate management company currently trading at $15.46, announced Monday the appointment of Matthew P. Jordan as Chief Operating Officer and Executive Vice President, and Matthew C. Brown as Executive Vice President, Chief Financial Officer, and Treasurer, effective October 1. According to InvestingPro analysis, RMR appears undervalued, with strong financial metrics including an attractive P/E ratio of 13.7. The company also named Yael Duffy as Executive Vice President of its majority-owned operating subsidiary, The RMR Group LLC, with the same effective date. The company maintains a robust financial position, with InvestingPro data showing more cash than debt on its balance sheet and a significant 11.33% dividend yield for shareholders.
According to a press release statement, Mr. Jordan, age 50, has served as Chief Financial Officer and Treasurer of RMR Group since 2015 and as Executive Vice President since 2018. He will transition to the role of Chief Operating Officer, where he will focus on capital formation, strategic growth initiatives, and oversight of shared service functions and operating platforms. Mr. Jordan will be succeeded by Mr. Brown as Chief Financial Officer and Treasurer.
Mr. Brown, age 43, has been Senior Vice President of RMR LLC since 2019 and has held various finance and accounting leadership roles since 2007. He will continue to oversee accounting, finance, tax, and internal audit functions in his new role. Mr. Brown is also a certified public accountant and has held financial leadership positions at several affiliated trusts.
Ms. Duffy, age 46, has served as Senior Vice President of RMR LLC since 2021 and has been with the company since 2006. She will continue to oversee asset management, leasing, and property management for the company’s managed portfolios. Ms. Duffy also holds executive positions at affiliated property trusts.
The company stated there are no arrangements or understandings with other persons regarding these appointments, and no related transactions or family relationships requiring disclosure. Indemnification agreements will be entered into with Mr. Brown and Ms. Duffy, consistent with those provided to other directors and executive officers.
This information is based on a press release statement included in a filing with the Securities and Exchange Commission. For deeper insights into RMR’s financial health and comprehensive analysis, investors can access detailed metrics and 12 additional ProTips through InvestingPro’s exclusive research reports, which provide in-depth analysis of 1,400+ top US stocks.
In other recent news, RMR Group announced its third-quarter 2025 earnings, showing a mixed financial performance. The company reported earnings per share (EPS) of $0.43, surpassing the forecast of $0.37, which marks a 16.22% surprise. Despite this positive outcome, RMR Group’s revenue fell short of expectations, reaching $154.73 million compared to the projected $203.71 million, a miss of 24.04%. These results have raised investor concerns due to the revenue shortfall, even though the EPS exceeded expectations.
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