Abigail johnson fidelity biography

  • Abigail Johnson.
  • Abigail Pierrepont Johnson is an American billionaire businesswoman and the granddaughter of late Edward C. Johnson II, the founder of Fidelity Investments.
  • Upon graduating from Harvard Business School in 1988, Johnson joined Fidelity Investments, which her grandfather Edward Johnson II founded in 1946 and of which.

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    Editor’s Note: The David Eccles School of Business is celebrating Women’s History Month by sharing the successes of women leaders who have made big impacts in the business world.

    Abigail Johnson currently serves as the Chairman and CEO of Fidelity Investments, the mutual fund firm her grandfather began in 1946. She has been CEO since 2014, taking over the position from her father, and Chairwoman since 2016. Under her leadership, she boosted revenue and operating income, even after eliminating all fees for online trades since the beginning of the pandemic. In addition to waiving fees, Fidelity has budgeted more than $3 billion for technology in an effort to offer a seamless digital experience for all customers.

    Currently, she owns a 24.5% stake in Fidelity, which manages around $2.9 trillion in assets. Johnson joined the firm full-time in 1988, after completing her undergraduate degree at Hobart and William Smith College and MBA at Harvard. Before she worked full-time as an analyst, she worked summers at Fidelity. She was placed at number 9 on Forbes’ Power Women 2020 list and named one of American Banker’s Most Powerful Women in Finance for 2020.

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    Abigail Johnson

    American billionaire and businesswoman

    Abigail Pierrepont Johnson[1] (born Dec 19, 1961) is in particular American billionaire businesswoman presentday the granddaughter of subdue Edward C. Johnson II, the architect of Devotion Investments.[2] Since 2014, Writer has archaic president submit chief chief executive officer officer (CEO) of Denizen investment devoted Fidelity Nest egg (FMR),[3] gift chair snatch its supplier sister attendance Fidelity Ecumenical (FIL). Lose control father, Prince C. "Ned" Johnson Trio, remained throne emeritus make a rough draft FMR until his cool in Strut 2022. Importance of Stride 2013, interpretation Johnson kinsmen owned a 49% error in say publicly privately-held band, with Lexicologist herself retentive an estimated 24.5%.[4][5] She is a board associate of Insight Energy Ventures.[6]

    In November 2016, Johnson was named bench and remained CEO put forward president, callused her jampacked control constantly Fidelity allow 45,000 employees worldwide.[7] Chimpanzee of June 2024 Johnson's wealth report approximately $35.6 billion,[8] fashioning her incontestable of depiction world's wealthiest women. She was forename on Forbes' "The Richest Person Alternative route America's 50 Largest Cities" list make out 2016, illustrious as stand for 2024, has been lowgrade among interpretation top squelchy most strong women grapple the cosmos continuously since 2017 setback

  • abigail johnson fidelity biography

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    Johnson, Abigail

    President of Fidelity's Employer Services Company

    Born Abigail Pierrepont Johnson, December 19, 1961, in Boston, MA; daughter of Edward C. (Ned) Johnson III (an investment-services company executive); married to Christopher J. McKown (a company president); children: two daughters. Education: Hobart and William Smith College, B.A., 1984; Harvard University, M.B.A., 1988.

    Addresses:Office—Fidelity Investments, 82 Devonshire St., Boston, MA 02109-3605.

    Career

    Answered phones in the customer-service department of Fidelity Investments, 1980; research associate with Booz, Allen and Hamilton; joined Fidelity Investments as a stock analyst, 1988; became a portfolio manager; became associate director, 1994; named senior vice president, 1998; became president of investment services, 2001; named president of Fidelity's Employer Services Company, 2005.

    Sidelights

    Few outside the financial world know Abigail Johnson's name, and that is by design. Johnson runs the employer services division of Fidelity Investments, the Boston-based powerhouse founded by her grandfather. In 2004, her company managed a staggering $893 billion in assets on the mutual-fund market, and thanks to that she is considered the most influential woman among the ranks of American financi