Fidelity Investments has a long history of experienced leaders in the financial industry. The CEO of Fidelity Investments is Abigail Johnson, who is also the president and chairman of FMR LLC. The company's leadership team includes Scott MacKenzie, president of Fidelity Investments Canada, and 23 other key executives. Other notable executives include Rachael Brumund, who serves as Vice President, and Chad Renfro, who is the Chief Information Security Officer and Technology Risk Executive. The company's Chief Technology Officer is Bill Thornton.
Fidelity International's leadership team includes President Keith, Vice Chair Anne, and Derek, who is the Global Head of Asset Management Distribution.
What You'll Learn
Abigail Johnson is CEO and President of Fidelity Investments
Abigail Pierrepont Johnson, born in Boston, Massachusetts, on December 19, 1961, is the CEO and President of Fidelity Investments. Johnson is the granddaughter of Edward C. Johnson II, who founded the company in 1946. Johnson has been in her role since 2014, taking over from her father, and has been chairman since 2016.
Johnson's career at Fidelity began in 1988 after she received her Harvard MBA. She joined the company as an analyst and portfolio manager. In 2001, she was promoted to president of Fidelity Asset Management, and in 2005, she became Head of Retail, Workplace, and Institutional Business. Johnson has been a key figure in the company's move into cryptocurrency, introducing investment in Bitcoin and Ether in 2018.
Johnson owns an estimated 28.5% stake in the firm, which, as of June 2024, manages discretionary assets totalling $5.5 trillion. As of June 2024, Johnson's wealth is estimated at $35.6 billion, making her one of the world's wealthiest women. Johnson is also a noted philanthropist, with the Johnson family regularly donating to non-profits in the Boston area.
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Rachael Brumund is Vice President
Fidelity Investments is an American multinational financial services corporation based in Boston, Massachusetts. It was established in 1946 and is one of the largest asset managers in the world, with trillions of dollars in assets under management and administration. The company offers a wide range of financial products and services, including investment management, retirement planning, and brokerage.
The company's executive team is diverse in terms of gender and ethnicity. The team is 44% female and 56% male, with the most common ethnicity among executives being White (59%), followed by Asian (18%), and Hispanic or Latino (11%).
Rachael Brumund's role as Vice President places her in a key position within the company, contributing to strategic decision-making and helping to guide the company's direction. As a member of the highly-rated leadership team, she plays a crucial role in shaping the company's culture and strategy, which has received positive reviews from employees.
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Chad Renfro is Chief Information Security Officer
Chad Renfro is the Chief Information Security Officer and Technology Risk Executive at Fidelity Investments. Renfro is part of an executive team rated "A" and led by CEO Abigail Johnson. Renfro's role is crucial to the company's success, alongside other prominent executives and staff.
Fidelity Investments, an American multinational financial services corporation, was established in 1946 and is one of the largest asset managers in the world. With approximately $5.8 trillion in assets under management and $15 trillion in assets under administration as of September 2024, the company operates a brokerage firm, manages mutual funds, and provides investment advice, retirement services, and more.
Fidelity's executive team consists of 32 leaders, with a demographic breakdown of 44% female and 56% male. The team is diverse, with 59% identifying as White, 11% as Hispanic or Latino, and 9% as Black or African American. Abigail Johnson, the CEO, is an American billionaire businesswoman with an estimated wealth of $16 billion, making her one of the world's wealthiest women.
The company has a strong focus on its diverse set of customers, ranging from individuals investing their life savings to businesses managing employee benefits and advisors needing innovative technology. They offer investment management, retirement planning, portfolio guidance, brokerage, and other financial products.
Fidelity Investments has received recognition for its company culture, perks and benefits, and leadership, ranking in the top 5% of similar-sized companies on Comparably. The company has also been praised for its diversity and inclusion efforts, with diverse employees rating the company in the top 35% of similar-sized companies.
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Bill Thornton is Chief Technology Officer
Fidelity Investments is an American multinational financial services corporation based in Boston, Massachusetts. It is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024.
The company was established in 1946 and is known for its diverse businesses and independence, giving it insight into the entire market and the stability and scale needed to act in its customers' best interests. With more than 76,000 associates, Fidelity's global presence spans 11 countries across North America, Europe, Asia and Australia.
Fidelity offers a wide range of financial products and services, including investment management, retirement planning, portfolio guidance, brokerage, and more. The company serves a diverse set of customers, from individuals investing their life savings to businesses managing employee benefits and advisors needing innovative technology to invest their clients' money.
Thornton's role as Chief Technology Officer is crucial to Fidelity's commitment to innovation and harnessing new technologies to enhance the customer experience. The company has a history of embracing new technologies, such as being the first mutual fund company to create a homepage on the Internet.
Fidelity's executive team is highly regarded by its employees, with a focus on strong leadership and a positive company culture. The team's effectiveness is reflected in the company's financial performance, with a 26% increase in assets under management in 2019, contributing to higher revenue and operating income.
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Kathryn Condon is Senior Vice President of Marketing and Advertising Channels
Kathryn Condon is the Senior Vice President of Marketing and Advertising Channels at Fidelity Investments. She is part of the leadership team at Fidelity, which is rated an “A” and led by CEO Abigail Johnson. Kathryn Condon is one of 32 leaders at the company, which has 65,000 employees worldwide.
Fidelity Investments is an American multinational financial services corporation based in Boston, Massachusetts. It was established in 1946 and is one of the largest asset managers in the world, with $5.8 trillion in assets under management and $15 trillion in assets under administration as of September 2024. The company offers a wide range of financial products and services, including investment management, retirement planning, brokerage, and wealth management.
The company has a diverse customer base, serving 23 million individuals investing their life savings, 20,000 businesses managing employee benefits, and 10,000 advisors who need innovative technology to invest their clients' money.
Fidelity Investments has a strong commitment to diversity and inclusion, with a leadership team that is 44% female and 56% male. The company also demonstrates a focus on employee satisfaction and workplace culture, with high ratings from employees in areas such as leadership, perks and benefits, and overall company culture.
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Frequently asked questions
Abigail Johnson is the CEO and President of Fidelity Investments. Other top executives include Rachael Brumund (Vice President), Chad Renfro (Chief Information Security Officer), Bill Thornton (Chief Technology Officer), and Craig Magaw (Executive Vice President/Chief Security Officer).
Scott MacKenzie is the President of Fidelity Investments Canada. Other key executives include Michael Barnett (Executive Vice President, Institutional), Rajan Burney (Vice President, Institutional Client Management), and Catherine Dimitriadis (Vice President, Institutional Sales, Manitoba, Saskatchewan & Ontario).
Anne was appointed Vice Chair of Fidelity International in March 2024, after serving as Chief Executive Officer since 2018. Derek is the Global Head of Asset Management Distribution, and Stuart is the Head of Global Platform Solutions.