RAJAN C. PENKAR

Corporate Board Profile

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Service Properties Trust

Filing Date	Source Excerpt
2024-04-03	Rajan C. Penkar, 68, Independent Trustee TRUSTEE SINCE 2023 BOARD COMMITTEES Audit Compensation PROFESSIONAL EXPERIENCE: Mr. Penkar has served as president and founder of Supply Chain Advisory Services, LLC, which provides e-commerce and omni-channel supply chain design and optimization services to retailers, since 2014. From 2011 to 2014, Mr. Penkar served as senior vice president and president, supply chain for Sears Holding Corporation, an integrated retailer. In this position, Mr. Penkar was accountable for all aspects of the supply chain including global sourcing, retail and e-commerce distribution and fulfillment, global transportation, inventory management, and inside-the-home delivery and installation of appliances and big-ticket merchandise. Before joining Sears Holding Corporation, Mr. Penkar held various positions of increasing responsibility with United Parcel Service, Inc., or UPS, from 1987 to 2011, most recently serving as president, UPS Customer Solutions. Mr. Penkar holds a certificate in cybersecurity oversight from Carnegie Mellon University and the National Association of Corporate Directors. OTHER RMR PUBLIC CLIENT BOARDS (1): TravelCenters of America Inc. (from 2020 until it was acquired by BP Products North America Inc. in May 2023) OTHER NON-RMR MANAGED PUBLIC COMPANY BOARDS: USA Truck Inc. (from 2021 until it was acquired by DB Schenker in 2022) U.S. Concrete, Inc. (from 2020 until it was acquired by Vulcan Materials Company in 2021) QUALIFICATIONS Mr. Penkar brings to our Board experience in and knowledge of supply chain, distribution, fulfillment and inventory management. Mr. Penkar has demonstrated leadership and management abilities, having worked on public company boards and board committees. Mr. Penkar has extensive experience in, and knowledge of patents and intellectual property. Mr. Penkar identifies as South Asian and as male. Mr. Penkar qualifies as an Independent Trustee in accordance with the requirements of the Nasdaq, the SEC and our governing documents.
2025-03-26	Rajan C. Penkar, 69, Independent Trustee TRUSTEE SINCE 2023 BOARD COMMITTEES Audit Compensation PROFESSIONAL EXPERIENCE Mr. Penkar has served as president and founder of Supply Chain Advisory Services, LLC since 2014.

Filing Date

Source Excerpt

2024-04-03

Rajan C. Penkar, 68, Independent Trustee TRUSTEE SINCE 2023 BOARD COMMITTEES Audit Compensation PROFESSIONAL EXPERIENCE: Mr. Penkar has served as president and founder of Supply Chain Advisory Services, LLC, which provides e-commerce and omni-channel supply chain design and optimization services to retailers, since 2014. From 2011 to 2014, Mr. Penkar served as senior vice president and president, supply chain for Sears Holding Corporation, an integrated retailer. In this position, Mr. Penkar was accountable for all aspects of the supply chain including global sourcing, retail and e-commerce distribution and fulfillment, global transportation, inventory management, and inside-the-home delivery and installation of appliances and big-ticket merchandise. Before joining Sears Holding Corporation, Mr. Penkar held various positions of increasing responsibility with United Parcel Service, Inc., or UPS, from 1987 to 2011, most recently serving as president, UPS Customer Solutions. Mr. Penkar holds a certificate in cybersecurity oversight from Carnegie Mellon University and the National Association of Corporate Directors. OTHER RMR PUBLIC CLIENT BOARDS (1): TravelCenters of America Inc. (from 2020 until it was acquired by BP Products North America Inc. in May 2023) OTHER NON-RMR MANAGED PUBLIC COMPANY BOARDS: USA Truck Inc. (from 2021 until it was acquired by DB Schenker in 2022) U.S. Concrete, Inc. (from 2020 until it was acquired by Vulcan Materials Company in 2021) QUALIFICATIONS Mr. Penkar brings to our Board experience in and knowledge of supply chain, distribution, fulfillment and inventory management. Mr. Penkar has demonstrated leadership and management abilities, having worked on public company boards and board committees. Mr. Penkar has extensive experience in, and knowledge of patents and intellectual property. Mr. Penkar identifies as South Asian and as male. Mr. Penkar qualifies as an Independent Trustee in accordance with the requirements of the Nasdaq, the SEC and our governing documents.

2025-03-26

Rajan C. Penkar, 69, Independent Trustee TRUSTEE SINCE 2023 BOARD COMMITTEES Audit Compensation PROFESSIONAL EXPERIENCE Mr. Penkar has served as president and founder of Supply Chain Advisory Services, LLC since 2014.

Data sourced from SEC filings. Last updated: 2026-02-03