Douglas G. Ober was the chairman and chief executive officer of two closed-end funds, The Adams Express Company and Petroleum & Resources Corporation, with combined assets of more than $1.7 billion for the year-ended 2009. 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. 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. He retired from his positions in 2013.
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