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>> PETROLEUM Latest News

JAN 28, 2013 - Washington Business Journal

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Adams Express/Petroleum and Resources names new CEO

Adams Express Co. and Petroleum & Resources Corp. have tapped an executive at BNP Paribas Investment Partners to run the two Baltimore closed-end mutual funds. Mark E. Stoeckle will succeed long-time CEO Douglas G. Ober, who said last June he planned to retire after heading the two funds for the past 21 years. Stoeckle oversaw about $5 billion in stocks at BNP Paribas Investment Partners, part of the French financial services giant. He will move to Baltimore from Boston to take over running Adams…

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