Gabelli Funds Names Nick Caporella, Troy Clarke, Pat Collawn, Eileen Drake and John Legere to Management Hall of Fame

Rhea-AI Summary

Gabelli Funds announced the 2021 inductees to the GAMCO Management Hall of Fame during its thirty-sixth annual client conference held on May 14 at the Indian Harbor Yacht Club in Connecticut. The new inductees include notable leaders like Nick A. Caporella of National Beverage Corp. and John J. Legere, formerly of T-Mobile US. Established in 1990, the Hall of Fame honors corporate executives for their contributions to enhancing shareholder value. This year marks a total of 108 inductees recognized for creating wealth and achieving superior long-term returns.

Positive

• Recognition of 2021 inductees enhances Gabelli Funds' reputation.
• Established Hall of Fame embodies commitment to corporate performance and shareholder value.

Negative

• None.

Gabelli Funds introduced the 2021 inductees to the GAMCO Management Hall of Fame at its thirty-sixth annual client conference which was held on Friday, May 14 at the Indian Harbor Yacht Club in Greenwich, Connecticut. The inductees to the Hall of Fame are Nick A. Caporella of National Beverage Corp., Troy A. Clarke of Navistar International Corporation, Patricia K. Collawn of PNM Resources Inc., Eileen P. Drake of Aerojet Rocketdyne Holdings, Inc. and John J. Legere, formerly of T-Mobile US, Inc.

(Photo: Business Wire)

In 1990, Gabelli Funds established the GAMCO Management Hall of Fame to honor corporate executives for their outstanding contributions in enhancing shareholder value. With this year’s inductees, there are 108 inductees in our management hall of fame. 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 is known for its Private Market Value with a Catalyst™ style of investment.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210517005657/en/

FAQ

Who were the 2021 inductees into the GAMCO Management Hall of Fame?

The 2021 inductees include Nick A. Caporella, Troy A. Clarke, Patricia K. Collawn, Eileen P. Drake, and John J. Legere.

When was the 36th annual client conference held by Gabelli Funds?

The conference was held on May 14, 2021.

What is the purpose of the GAMCO Management Hall of Fame?

It honors corporate executives for their outstanding contributions to enhancing shareholder value.

How many inductees are there in the GAMCO Management Hall of Fame?

As of 2021, there are 108 inductees in the Hall of Fame.

What criteria must be met to be inducted into the GAMCO Management Hall of Fame?

Inductees must create shareholder wealth, earn a superior rate of return, practice capital accumulation, and enhance investment success.

What investment style is GAMCO Investors, Inc. known for?

GAMCO is known for its Private Market Value with a Catalyst™ investment style.