DOUGLAS
G. OBER, CFA
|
Chairman
and Chief Executive Officer
Adams Express Co |
President
Closed-End Fund Association |
Douglas
G. Ober is the Chairman and Chief Executive Officer of two closed-end
funds, The Adams Express Company and Petroleum & Resources Corporation,
with combined assets of nearly $2 billion. Both funds have been investment
companies, traded on the New York Stock Exchange, since 1929, with Adams
Express having previously been involved in a nationwide delivery business.
Mr. Ober joined the firms in 1980 as a research analyst, became a member
of the portfolio management team in 1986, and was elected Chairman of
the companies in 1991.
Prior to his employment
at Adams Express and Petroleum & Resources, Mr. Ober was employed
at the First National Bank of Maryland for eight years in commercial
lending. Previous employment, from 1968 until 1971, was with the U.S.
Naval Air Test Center as a Test Project Engineer.
Mr. Ober received
his Bachelor of Science in Engineering from Princeton University, a
Masters in Finance from Loyola College in Baltimore, Maryland, and a
certificate from the Advanced Management Program of the Wharton School
of the University of Pennsylvania. He is also a graduate of the U.S.
Naval Test Pilot School.
A Chartered Financial
Analyst, Mr. Ober is a member of the Baltimore Security Analysts Society,
the New York Society of Security Analysts, and is a past representative
of closed-end funds on the Board of Governors of the Investment Company
Institute. He is currently President of the Closed-End Fund Association.
He also sits on Board of the Gilman School.
