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Petroleum & Resources Fund Names James Haynie As Executive Vice President And Announces Resignation Of David Weaver

David D. Weaver, former Executive Vice President, resigned from the Fund last week. He served as Executive Vice President beginning in 2010 and was a member of the portfolio management team.  "David contributed greatly to the success of the Fund during his tenure and is highly regarded by all of us. We wish him well in his future endeavors," said Mr. Stoeckle.

Petroleum & Resources is a Baltimore-based closed-end fund that has been operating as an investment company since 1929. Its stock trades on the New York Stock Exchange under the symbol PEO.

For further information please contact:

Lawrence L. Hooper, Jr., Vice President, General Counsel and Secretary 410-752-5900 or 800-638-2479 E-mail: contact@peteres.com Website: www.peteres.com  

For your convenience, all press releases are posted to our website.  If you would like to receive future press releases by fax or e-mail, please contact us.

SOURCE Petroleum & Resources Corporation

Stock quotes in this article: PEO 
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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