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Stock impact report

TravelCenters of America Inc. Appoints Jonathan Pertchik as Chief Executive Officer and Managing Director

TravelCenters of America Inc. (TA) 
NASDAQ:AMEX Investor Relations: ta-petro.com/about-us/for-investors
Company Research Source: Business Wire
Seasoned Executive Brings Significant Leadership Experience and Turnaround Expertise from Multiple Businesses and Industries WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA) today announced that Jonathan M. Pertchik has been appointed as Chief Executive Officer and Managing Director effective immediately. Mr. Pertchik succeeds Andrew J. Rebholz, who will continue to advise the company through June 30, 2020.Adam Portnoy, Chair of the TA Board and President and CEO of The RMR Group (Nasdaq: RMR), said, “Jon is a seasoned executive who has led multiple businesses in different industries through various stages of transformation and growth over the past 20 years. The TA Board is confident that his proven track record and engaged management style will advance TA and lead to improved cash flows and enhanced performance.”Previously, Mr. Pertchik served as an executive for companies owned or controlled by private equity groups, including Starwood Capital Group, TP Show less Read more
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