Service Properties Trust announced that it has elected Rajan Penkar to its Board as an Independent Trustee, effective immediately. With the addition of Mr. Penkar, SVC's Board now has eight Trustees, including six independent Trustees, two of whom are women, and two of whom are members of underrepresented communities. Mr. Penkar has served as president and founder of Supply Chain Advisory Services, LLC, 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. 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. Mr. Penkar's experience also includes having previously served on the board of directors of U.S. Concrete Inc., USA Truck Inc. and TravelCenters of America Inc.