Abigail Johnson
Abigail Johnson | |
---|---|
Born | Abigail Pierrepont Johnson December 19, 1961 |
Citizenship | American[1] |
Alma mater | William Smith College Harvard University |
Occupation(s) | Chairman, CEO and President, Fidelity Investments Chairman, Fidelity International |
Spouse |
Christopher John McKown
(m. 1988) |
Children | 2[1][3] |
Relatives | Edward C. Johnson II (grandfather), Edward C. Johnson III (father), Edward C. Johnson IV (brother),[4] Elizabeth Johnson (sister) |
Abigail Pierrepont Johnson[2] (born December 19, 1961) is an American businesswoman. Since 2014, Johnson has been president and chief executive officer of US investment firm Fidelity Investments (FMR),[6] and chairman of its international sister company Fidelity International (FIL). Fidelity was founded by her grandfather Edward C. Johnson II. Her father Edward C. "Ned" Johnson III remains chairman emeritus of FMR. As of March 2013, the Johnson family owned a 49% stake in the company, with Johnson herself holding an estimated 24.5%.[7]
In November 2016, Johnson was named chairman and will remain CEO and president, giving her full control of Fidelity with 45,000 employees worldwide.[8] Johnson's wealth is approximately $16.5 billion,[5] making her one of the world's wealthiest women.
Early life and education
Johnson graduated from Hobart and William Smith with a bachelor of arts degree in art history in 1984.[9] After a brief stint as a consultant at Booz Allen Hamilton from 1985–86, Johnson completed an MBA at Harvard Business School and joined Fidelity Investments—which her grandfather Edward Johnson II founded in 1946[10]—as an analyst and portfolio manager in 1988.[11] 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.[12]
In October 2014, Johnson was named to the additional post of chief executive of Fidelity Investments.[11]
Awards and honors
Johnson is a member of the Committee on Capital Markets Regulation. She is 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.[12]
In 2016, "Forbes" ranked her as the 16th most powerful woman in the world. In 2015, she was ranked as #19. In 2014, she was #34[13] and in 2017 #7.[14]
See also
References
- ^ a b "The World's Billionaires (2010): #48 Abigail Johnson". Forbes. March 3, 2010. Retrieved February 24, 2011.
- ^ a b "Abby Johnson Has Wedding". The New York Times. June 26, 1988. Retrieved February 24, 2011.
- ^ a b "Fidelity: Here Comes Abby". BusinessWeek. July 8, 2002. Retrieved July 24, 2016.
- ^ Lau, Debra (May 21, 2001). "Fidelity Promotes Abigail Johnson To President". Forbes. Retrieved February 24, 2011.
- ^ a b Abigail Johnson Forbes
- ^ O'Donnell, Carl (October 13, 2014). "Abigail Johnson Replaces Father Edward As CEO Of Fidelity". Forbes. Retrieved December 5, 2014.
- ^ "Abigail Johnson". Forbes.
- ^ Healy, Beth (November 21, 2016). "'Ned' Johnson stepping down as Fidelity chairman". The Boston Globe. Retrieved December 26, 2016.
- ^ "William Smith Leaders: Abigail P. Johnson '84". William Smith College. Retrieved May 4, 2015.
- ^ Abigail Johnson, President-CEO, Fidelity Investments
- ^ a b Grind, Kirsten (October 13, 2014). "Abigail Johnson Named CEO of Fidelity Investments". The Brick Street Journal. Retrieved December 5, 2014.
- ^ a b Healy, Beth (December 5, 2014). "Abigail Johnson, after years of training, gets to put her stamp on Fidelity". The Boston Globe. Retrieved December 5, 2014.
- ^ "The World's 100 Most Powerful Women". Forbes. Forbes. Retrieved July 20, 2015.
- ^ "World's Most Powerful Women". Forbes. Retrieved March 29, 2018.
- 1961 births
- Living people
- American billionaires
- American chief executives of financial services companies
- Female billionaires
- Harvard Business School alumni
- Hobart and William Smith Colleges alumni
- Businesspeople from Boston
- American chairmen of corporations
- American women chief executives
- Booz Allen Hamilton people
- 20th-century American businesspeople
- Women in finance
- 21st-century American businesspeople
- Buckingham Browne & Nichols School alumni
- Fidelity International