Abigail Johnson, chairman and chief executive officer of Fidelity Investments, speaks during a presentation at the Securities Industry And Financial Markets Association (SIFMA) annual meting in Washington, D.C., U.S., on Tuesday, Oct. 24, 2017. Over the last two months, Fidelity, one of the largest investment companies, has dismissed two portfolio managers -- one over allegations of inappropriate sexual comments and another over claims of sexually harassing a female junior employee. Photographer: Andrew Harrer/Bloomberg via Getty ImagesAndrew Harrer — Bloomberg via Getty Images
- TitleChairman and CEO
- AffiliationFidelity Investments
Assets under administration climbed 20%, to $6.8 trillion, in 2017 at the country’s largest provider of workplace retirement savings plans, with profits up more than 50%. The exodus from Fidelity’s actively managed stock funds is finally slowing, with investors pulling out $47 billion in 2017, vs. $58 billion in 2016. Even in the wake of a sexual misconduct scandal (a pair of portfolio managers were dismissed), Johnson stayed focused on beating competitors, slashing fees, and debuting new products.
Company Financials (2017, or most recently completed fiscal year)
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