Clarence H. Adams (November 1, 1905 – May 10, 1987) was an American government official and businessman who served as a commissioner of theU.S. Securities and Exchange Commission from 1952 to 1956.[citation needed]
Adams was born on November 1, 1905, inOgunquit, Maine (then part ofWells, Maine) to Orin J. Adams and Rose (Moody) Adams.[1] In 1923 he graduated fromWells High School.[2] He began his banking career with the York County Trust Company in Ogunquit. In 1923 he moved to Hartford to work as a cashier for Fuller, Richter, Aldrich & Co.[3]
From 1931 to 1952, Adams was the Securities Administrator for Connecticut Banking Department.[1] He was the first person to hold this position. During this time he also was director of the Connecticut Fraud Bureau, assistant to the state banking commissioner and president of the National Association of State Securities Administrators.[2]
He was a member U.S. Securities and Exchange Commission from 1952 to 1956.[1]
After leaving the SEC, Adams became chairman and chief executive officer of National Equities Inc., a private real estate investment and development company.[4] In this role he also served as vice president and treasurer of theKratter Corporation, vice president of Ruppert Knickerbocker Brewery, and trustee and President of theBoston Celtics.[4][5]
On October 10, 1931, Adams married Arlene M. Sawyer.[1] They remained married until his death in 1987. They had two daughters.[4]
Adams was a member of theRepublican Party,Freemasons,Knights Templar,Royal Order of Jesters, andShriners.[1]
Adams was a resident of Ogunquit, Maine,Bloomfield, Connecticut,Washington, D.C., andMamaroneck, New York.[1]
Adams died on May 10, 1987, inPortland, Maine.[1]
| Preceded by | Member ofU.S. Securities and Exchange Commission 1952-56 | Succeeded by |
| Preceded by | President of theBoston Celtics 1967-68 | Succeeded by |