Business
Sonesta Appoints Keith Pierce and Jeff Leer as Co-Chief Executive Officers Effective April 1, 2026
NEWTON, Mass., January 12, 2026--Sonesta International Hotels Corporation ("Sonesta") today announced that Keith Pierce, Executive Vice President and President of Franchise and Development at Sonesta, and Jeff Leer, Executive Vice President at The RMR Group (Nasdaq: RMR), have been appointed as Co-Chief Executive Officers of Sonesta, effective April 1, 2026.
About this update from The Rmr Group Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/fff17ae4af0cae134584fe90a2092cc7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/g.H603DDwJ9SURvW9Qsn9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/fff17ae4af0cae134584fe90a2092cc7","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/6G65Z1e0joMyfu8_MsTF9Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/fff17ae4af0cae134584fe90a2092cc7","width":1024,"height":512}},"lazy":false},{"type":"text","content":"NEWTON, Mass., January 12, 2026--(BUSINESS WIRE)--Sonesta International Hotels Corporation ("Sonesta") today announced that Keith Pierce, Executive Vice President and President of Franchise and Development at Sonesta, and Jeff Leer, Executive Vice President at The RMR Group (Nasdaq: RMR), have been appointed as Co-Chief Executive Officers of Sonesta, effective April 1, 2026.","length":387,"tagName":"p"},{"type":"text","content":"Mr. Pierce has been a member of Sonesta’s executive leadership team since 2021, where he has been instrumental in leading the significant expansion of Sonesta’s global franchising business. Prior to joining Sonesta, he held senior executive positions at The Passionality Group, Wyndham Hotel Group and Cendant Corporation.","length":322,"tagName":"p"},{"type":"text","content":"Mr. Leer, a member of RMR’s management committee, has held senior finance and accounting leadership roles within the organization since 2013, including most recently serving as the President and Chief Executive Officer of AlerisLife Inc. since 2022. In this position, Mr. Leer guided AlerisLife through its post-pandemic recovery, achieving a 440% increase in senior living net operating income during his tenure.","length":413,"tagName":"p"},{"type":"text","content":"Mr. Pierce and Mr. Leer are succeeding John Murray, who is retiring from his position with Sonesta and his position as Executive Vice President of The RMR Group, effective March 31, 2026.","length":187,"tagName":"p"},{"type":"text","content":"Mr. Pierce and Mr. Leer made the following statement regarding today’s announcement:","length...