Office Properties Income Trust (OPI) announced the election of Timothy Pohl to its Board of Trustees as an Independent Trustee, effective immediately. Mr. Pohl is the founder of TRP Advisors, LLC, where he advises companies on distressed situations, portfolio challenges, and acquisition opportunities. This appointment strengthens the board's expertise in critical areas.
Mr. Pohl brings over three decades of experience in corporate restructurings and financing, mergers and acquisitions, valuation, and balance sheet assessment. His prior roles include Managing Director in the Restructuring and Capital Solutions Group at Lazard, Freres & Co. LLC, and co-heading the global corporate restructuring practice at Skadden, Arps, Slate, Meagher & Flom LLP.
His extensive background in high-profile corporate restructurings across various industries, including real estate, is particularly relevant for OPI. The company is currently navigating significant debt maturities and a challenging office market, making Mr. Pohl's expertise in distressed situations a valuable addition to the Board.
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