Gabelli Funds Names James Cleary, Ward Klein, David Melcher and Michael White to 2015 Management Hall of Fame
May 18 2015 - 2:13PM
Business Wire
Gabelli Funds announced the 2015 inductees to the GAMCO
Management Hall of Fame during its thirtieth annual client
conference on Friday, May 15 in New York. The inductees to the Hall
of Fame are: Michael White of DirecTV, Ward Klein of Energizer,
David Melcher of Exelis and James Cleary of MWI Veterinary
Supply.
In 1990, Gabelli Funds established the GAMCO Management Hall of
Fame to honor corporate executives for their outstanding
contributions in enhancing shareholder value. The selection process
starts with the firm’s research on the company. Each inductee has
passed rigorous criteria, including:
• creating shareholder wealth
• earning a superior rate of return over the long term
• practicing the virtues of capital accumulation
• enhancing our clients’ investment success
This Hall of Fame follows the philosophical underpinnings of
Gabelli Funds’ fundamental research, as presented in Security
Analysis (1934) by Benjamin Graham and David Dodd. It is the
investment bible, the key to unlocking values in the stock market.
In Security Analysis, Graham and Dodd presented principles and
techniques to measure asset value and cash flows in a methodology
to evaluate individual companies. They created the profession of
security analysis using an investment process that is known today
as value investing.
GAMCO Investors, Inc. (NYSE:GBL), through its subsidiaries,
manages assets of private advisory accounts (GAMCO), mutual funds
and closed-end funds (Gabelli Funds, LLC), and partnerships and
offshore funds (Investment Partnerships) and is known for its
Private Market Value with a Catalyst™ style of investment. As of
March 31, 2015, GAMCO Investors, Inc. had $46.5 billion in assets
under management.
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version on businesswire.com: http://www.businesswire.com/news/home/20150518006560/en/
For Gabelli FundsDouglas R. Jamieson, 914-921-5020President
& Chief Operating Officerwww.gabelli.com
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