Adams Natural Resources Fund Adds AI Expert Steven G. Chambers to Board
Adams Natural Resources Fund elected Steven G. Chambers as an independent director effective February 12, 2026. Chambers brings over 25 years of educational technology leadership and AI governance experience, including serving as CEO of Jibo, Inc., developer of Time Magazine’s 2017 Innovation of the Year social robot.
1. Board Election
On February 12, 2026, Adams Natural Resources Fund elected Steven G. Chambers as an independent director, expanding its board of directors and enhancing its governance with a technology-focused perspective.
2. Chambers’ Experience
With more than 25 years leading educational technology ventures and overseeing large-scale operations, Chambers served as CEO of Jibo, Inc., where he developed the first home social robot honored as Time Magazine’s 2017 Innovation of the Year.
3. Strategic Outlook
Chambers’ deep expertise in AI and emerging technologies is expected to inform the fund’s investment approach in natural resources and technology-driven industries, potentially guiding new analytical tools and innovation strategies.
4. Fund Profile
Adams Natural Resources Fund is an actively managed closed-end fund committed to a minimum annual distribution rate of 8% of NAV, paid quarterly, and has maintained dividend payments for over 90 years across multiple market cycles.