TravelCenters of America Inc. Names Rajan Penkar and Elena Poptodorova to Board of Directors
February 24 2020 - 6:34PM
Business Wire
TA’s Board Expands to Seven Directors and is
now Majority Composed of Women and Minorities
TravelCenters of America Inc. (Nasdaq: TA) today announced that
it has elected Rajan Penkar and Elena Poptodorova to the Company’s
Board as Independent Directors, effective immediately. With the
addition of Mr. Penkar and Ms. Poptodorova, TA’s Board now has
seven Directors, including five Independent Directors, and is
majority composed of women and minorities.
Mr. Penkar founded Supply Chain Advisory Services, LLC in 2014
and is currently the company’s President. Previously he served as
Senior Vice President and President, Supply Chain of Sears Holdings
Corporation and held various executive positions with United Parcel
Service, Inc. Mr. Penkar holds an MS in Mechanical Engineering and
holds 14 U.S. Patents in robotics control, automation, and
logistics processes.
Ms. Poptodorova has served as vice president and director for
Euro-Atlantic affairs of the Atlantic Club of Bulgaria since April
2017. Ms. Poptodorova has also served as vice president of the
Atlantic Treaty Association since December 2017. Ms. Poptodorova
served as director of the Shapiro-Silverberg AJC Central Europe
Office from October 2016 until February 2017. Ms. Poptodorova was
the ambassador extraordinary and plenipotentiary of the Republic of
Bulgaria to the United States from 2010 to 2016 and from 2002 to
2008. Ms. Poptodorova is a current member of the board of directors
of the European Institute, the American Foundation for Bulgaria,
the Executive Council on Diplomacy, the Women's Foreign Policy
Group, American University in Bulgaria, the Institute for Cultural
Diplomacy in Germany and the board of trustees of Office Properties
Income Trust (Nasdaq: OPI).
Mr. Adam D. Portnoy, Chair of TA’s Board of Directors, made the
following statement on today’s announcement:
“The rest of the TA Board joins me in welcoming Raj and Elena.
During a 40-year career, Raj has become an expert in, and developed
many of, the cutting-edge technologies deployed by the largest
providers and transporters of goods in the U.S., many of whom are
TA clients. Elena brings decades of leadership experience in both
government and the private sector, as well as diverse board
experience. They will both complement our directors and we will all
benefit from their experience and perspective.”
About TravelCenters of America Inc.:
TravelCenters of America Inc. (Nasdaq: TA) is the nation's
largest publicly traded full-service travel center network. Founded
in 1972 and headquartered in Westlake, Ohio, its more than 21,000
employees serve customers in over 260 locations in 44 states and
Canada, principally under the TA®, Petro Stopping Centers® and TA
Express® brands. Offerings include diesel and gasoline fuel, truck
maintenance and repair, full-service and quick-service restaurants,
car and truck parking and other services and amenities dedicated to
providing great experiences for professional drivers and the
general motoring public. TravelCenters of America operates nearly
650 full-service and quick-service restaurants and 10 proprietary
brands, including Quaker Steak and Lube®, Iron Skillet® and Country
Pride®. For more information, visit www.ta-petro.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200224005968/en/
Kristin Brown, Director, Investor Relations (617) 796-8251
TravelCenters of America (NASDAQ:TA)
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