Medical PropertiesTrust Inc. said in an April 6 filing that L. Glenn Orr Jr. retired asa member of the company's board of directors April 3, reducing the number of directorsto seven.
Orr served on the board's compensation committee and the investmentscommittee.
While the board decided not to replace Orr on the investmentscommittee, his position on the compensation committee will be filled by directorD. Paul Sparks.
Additionally, the company and Orr entered into a consulting agreementpursuant to which Orr has agreed to provide consulting services to the board andto the company's CEO for at least three years following his retirement for an aggregatefee of $630,000.