The Boards of Directors of The Adams Express Company and Petroleum & Resources Corporation have selected Kathleen T. McGahran to serve as the Chairperson of the Boards of Directors of both Companies, effective March 19, 2013. Dr. McGahran is the first non-executive director to serve as Board Chairperson. Dr. McGahran has been a member of the Companies' Boards of Directors since 2003.

She is a Principal & Director of Pelham Associates Inc.