The RMR Group Inc. has announced a new retirement agreement with John G. Murray, Executive Vice President of RMR LLC and President and CEO of Sonesta International Hotels Corporation. Under the agreement, Murray will continue in his current roles until March 31, 2026, and remain an employee of Sonesta until September 30, 2026. He will receive his current cash salary through March 31, 2026, followed by monthly payments of $15,000 from April 1, 2026, until his retirement date. Additionally, Murray is set to receive a cash bonus of $1,912,500 for the 2025 calendar year, expected to be paid around April 8, 2026, and a combined cash payment of $2,765,625, with half payable in April and the remainder in October 2026. The agreement also includes a recommendation for the acceleration of vesting of Murray’s unvested shares, subject to approval. The terms are subject to customary conditions, including confidentiality and non-solicitation provisions.

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