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  • Title
    CEO and President
  • Affiliation
    Fidelity Investments
  • Age
    54

The world of investment management is changing, and Johnson wants to ensure that Fidelity—the nation’s second-largest fund manager, with $2.1 trillion in assets under management—is changing with it. While the company is famous for its stock ­picking (76% of its U.S. stock funds outperformed their peers in 2015), these pricey funds are falling out of favor; investors pulled $18.8 billion from Fidelity’s actively managed equity portfolios last year. So Johnson is slashing fees on Fidelity’s passive funds and targeting a fresh generation of customers with digital tools.

Personal Information

Previous Rank6
Newcomer?
no

Company Financials (2015, or most recently completed fiscal year)

Revenues ($B)15.9
Profits ($B)3.2
Market Value as of 8/26/16 ($M)-