Mr. Adams is the owner and president of Phil Adams Company, which provides insurance products and services to businesses and individuals throughout Texas. He has attained membership in the Million Dollar Round Table, Top of the Table and the Association for Advanced Life Underwriting.
Mr. Adams serves on the board of directors of American Momentum Bank, with banking operations in Texas and Florida. He previously served on the board of directors of First American Bank, which was sold to Citigroup in 2005, and on the boards of many civic organizations, including the Bryan/College Station Chamber of Commerce and the Central Texas Association of Life Underwriters. Mr. Adams has served as president of the Brazos Valley Estate Council and chairman of the Brazos County Republican Party.
Mr. Adams is a member of the National Association of Insurance and Financial Advisors and of the Philosophical Society of Texas. He is also a member of the Texas A&M Chancellor’s Century Council and the Mays Business School Development Council. He recently completed a three year term on the board of The University of Texas/Texas A&M Investment Management Company (UTIMCO).
Mr. Adams is serving his third six-year term as a member of the Board of Regents. He was first appointed by Governor Rick Perry in 2001, again in 2009 and was reappointed in 2015 by Governor Greg Abbott. Mr. Adams served a two-year term as Vice Chairman of the Board from 2011 to 2013 and served as Chairman of the Board from 2013 to 2015. He is the Chairman of the Committee on Audit and serves as a member of the Committee on Buildings and Physical Plant. He has served as Chairman of the Committee on Finance, and the Committee on Buildings and Physical Plant. Mr. Adams also serves as a liaison to The Association of Former Students. His term expires February 1, 2021.