Kenneth J. Dale Elected Board Non-Executive Chair of Adams Diversified Equity Fund and Adams Natural Resources Fund
21 April 2022 - 10:47PM
The Boards of Directors of Adams Diversified Equity Fund (NYSE:
ADX) and Adams Natural Resources Fund (NYSE: PEO) have elected
Kenneth J. Dale to serve as the Non-Executive Chairperson of the
Boards of Directors of both Funds, effective April 21, 2022.
Mr. Dale has been a member of the Companies’ Boards of Directors
since 2008. He is a Senior Vice President and the Chief
Financial Officer of The Associated Press, one of the largest news
gathering organizations in the world. He oversees all corporate
finance activities including accounting, financial planning and
budgeting, treasury and internal audit. In addition, he is
responsible for global real estate, administrative services and
procurements as well as AP’s ENPS software business. Prior to
joining AP, Mr. Dale was a Vice President in investment banking at
J.P. Morgan Chase & Co., Inc., advising clients on mergers and
acquisitions and corporate finance transactions.
Mr. Dale received a Bachelor of Science degree in Accounting
from Georgetown University and his M.B.A. in Finance from New York
University.
Since 1929, Adams Funds has consistently helped generations of
investors reach their investment goals. Adams Funds is comprised of
two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE:
ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO). The Funds
are actively managed by an experienced team with a disciplined
approach and have paid dividends for more than 80 years across many
market cycles. The Funds are committed to paying an annual
distribution rate of 6% or more, providing reliable income to
long-term investors. Shares can be purchased through our transfer
agent or through a broker. For more information about Adams Funds,
please visit: adamsfunds.com.
For further information please contact:Shareholder
Communications800.638.2479investorrelations@adamsfunds.com
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