Market Overview

Five Star Senior Living Inc. Announces the Appointment of Jeff Leer as Executive Vice President, Chief Financial Officer and Treasurer

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Five
Star Senior Living Inc. (NASDAQ:
FVE) today announced that Jeffrey C.
Leer has been appointed as Executive Vice President, Chief Financial
Officer and Treasurer, effective June 1, 2019.

Mr. Leer joined The RMR Group (NASDAQ:RMR) in 2013 and is currently
Chief Financial Officer and Treasurer of Office Properties Income Trust
(NASDAQ:OPI), and Senior Vice President of RMR, where he has been
responsible for the day to day oversight of the accounting and finance
support functions of RMR and various of its managed companies.
Previously, Mr. Leer served in various RMR accounting leadership
functions with a primary focus on operations. Prior to joining RMR, Mr.
Leer held accounting and finance positions at several multi-national
public companies, including Dell Technologies, Whole Foods Market and
Boston Scientific as well as practiced for several years in public
accounting. Mr. Leer is a certified public accountant.

Mr. Leer succeeds Richard A. Doyle, Jr. who is stepping down as
Executive Vice President, Chief Financial Officer and Treasurer,
effective May 31, 2019. To ensure a smooth transition, Mr. Doyle's
separation agreement provides that he will remain a non-officer employee
of Five Star and RMR following May 31, 2019 and until December 31, 2019.
Mr. Doyle has been with Five Star most recently since 2016 and
previously served as Chief Financial Officer and Treasurer of Senior
Housing Properties Trust from 2007 to 2016.

Five Star Senior Living Inc. is a senior living and healthcare services
company that owns, leases and manages senior living communities,
including primarily private pay independent and assisted living
communities located throughout the U.S. FVE is headquartered in Newton,
Massachusetts.

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