Steven G. Chambers Joins Boards of Adams Diversified Equity and Adams Natural Resources Funds

Seasoned tech leader brings experience in corporate governance and AI-driven technologies to the historic investment funds.

Published on Feb. 12, 2026

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The Boards of Directors of Adams Diversified Equity Fund (NYSE: ADX) and Adams Natural Resources Fund (NYSE: PEO) have elected Steven G. Chambers as an independent director, effective February 12, 2026. Dr. Chambers is a veteran leader in the educational technology space, having served as CEO of Jibo, Inc. and holding board positions at several AI and language-driven technology companies.

Why it matters

The addition of Dr. Chambers to the Adams Funds boards brings valuable expertise in corporate leadership, governance, and emerging technologies like AI to two of the nation's oldest and most respected closed-end investment funds as they approach their 100th year of operations.

The details

Dr. Chambers has over 25 years of experience leading companies from startups to large tech operations. As CEO of Jibo, Inc., he developed the first social robot for the home, which was named Time Magazine's Innovation of the Year for 2017. He currently serves on the boards of CallMiner, a conversation analytics company, and Snorble, developer of a smart sleep assistant for children, in addition to advising several other AI and language-driven tech firms.

  • Dr. Chambers was elected to the Adams Funds boards on February 12, 2026.

The players

Steven G. Chambers

A seasoned leader and innovator in the educational technology space, with over 25 years of experience leading companies from startups to large tech operations.

Adams Diversified Equity Fund

One of the nation's oldest closed-end funds, managed actively by an experienced team with a disciplined approach.

Adams Natural Resources Fund

One of the nation's oldest closed-end funds, managed actively by an experienced team with a disciplined approach.

James P. Haynie

CEO of the Adams Funds.

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What they’re saying

“Steve's experience complements the core strengths of the Board. We look forward to his contributions to Adams Funds and the benefit of his long experience in executive leadership.”

— James P. Haynie, CEO of the Funds (bakercityherald.com)

“I am honored to serve on the Board of Directors of Adams Funds. I am mindful that as they approach their one-hundredth year of operations, the Adams Funds remain two of the most well-respected closed-end funds in the market today. I look forward to working with my fellow Board members to ensure the continued growth and success of these historic Funds.”

— Steven G. Chambers (bakercityherald.com)

The takeaway

The addition of Dr. Chambers to the Adams Funds boards brings valuable expertise in corporate leadership, governance, and emerging technologies like AI to two of the nation's oldest and most respected closed-end investment funds as they approach their 100th year of operations.