Abigail Johnson

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Abigail Johnson
Born Abigail Pierrepont Johnson
December 19, 1961 (1961-12-19) (age 53)
Residence Boston, Massachusetts[1]
Citizenship United States[1]
Education William Smith College
Harvard Business School
Occupation CEO and President, Fidelity Investments
Net worth US$ 13.8 billion (est.)
(Forbes, December 2014)[2]
Spouse(s) Christopher J. McKown (m. 1988)[3][4]
Children 2[1][4]
Relatives Edward C. Johnson II (grandfather), Edward C. Johnson III (father), Edward C. Johnson IV (brother),[5] Elizabeth Johnson (sister)

Abigail Pierrepont "Abby" Johnson[3] (born December 19, 1961) is an American businesswoman. Johnson is President and Chief Executive Officer of Fidelity Investments.[6]

Fidelity was founded by her grandfather Edward C. Johnson II. Her father Edward C. "Ned" Johnson III is its current Chairman. As of March 2013, the Johnson family owned a 49% stake in the company.

Johnson's wealth of approximately $14 billion[2] makes her one of the world's wealthiest women. In 2014, she was ranked as the 34th most powerful woman in the world according to Forbes.[7]

Education and career[edit]

After brief stint as a consultant at Booz Allen Hamilton from 1985–86, Johnson completed an MBA at Harvard Business School and joined Fidelity as an analyst and portfolio manager in 1988.[8] She was promoted to an executive role in Fidelity Management and Research (FMR) in 1997 and has since held various senior executive posts inside FMR, Fidelity Institutional Retirement Services and Fidelity Investments. She was named president in August 2012.[9]

In October 2014, Johnson was named to the additional post of chief executive of Fidelity Investments.[8]

Awards, honors, and society memberships[edit]

Johnson currently serves as a member of the Committee on Capital Markets Regulation. She is also a member of the Board of Directors of the Securities Industry and Financial Markets Association (SIFMA). She is the first and only woman to serve on the board of the Financial Services Forum.[9]

In 2014, she was ranked as the 34th most powerful woman in the world by Forbes. The previous year, she was ranked at #60.[7]

See also[edit]

References[edit]

  1. ^ a b c "The World's Billionaires (2010): #48 Abigail Johnson". Forbes. March 3, 2010. Retrieved February 24, 2011. 
  2. ^ a b Abigail Johnson Forbes
  3. ^ a b "Abby Johnson Has Wedding". The New York Times. June 26, 1988. Retrieved February 24, 2011. 
  4. ^ a b "Fidelity: Here Comes Abby". BusinessWeek. July 8, 2002. Retrieved February 24, 2011. 
  5. ^ Lau, Debra (May 21, 2001). "Fidelity Promotes Abigail Johnson To President". Forbes. Retrieved February 24, 2011. 
  6. ^ O'Donnell, Carl (13 October 2014). "Abigail Johnson Replaces Father Edward As CEO Of Fidelity". Forbes. Retrieved 5 December 2014. 
  7. ^ a b "The World's 100 Most Powerful Women". Forbes. Forbes. Retrieved 24 June 2014. 
  8. ^ a b Grind, Kirsten (13 October 2014). "Abigail Johnson Named CEO of Fidelity Investments". The Wall Street Journal. Retrieved 5 December 2014. 
  9. ^ a b Healy, Beth (5 December 2014). "Abigail Johnson, after years of training, gets to put her stamp on Fidelity". The Boston Globe. Retrieved 5 December 2014. 

External links[edit]