The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fidelity Appoints President Not Rated 3.2 Email Routing List Email & Route  Print Print
Monday, July 16, 2007

Fidelity Appoints President

Reported by Erin Kello

Fidelity has appointed Rodger Lawson as president of FMR Corp., the holding company for Fidelity's businesses, according to a news release.

Lawson, most recently vice chairman at Prudential Financial, is no stranger to Fidelity, having led Fidelity's retail operation in the late 1980s.

In his new job, Lawson will oversee Fidelity Employer Services Company, Fidelity Investments Distribution and Operations Company and Fidelity Technology Group.

Abigail Johnson, daughter of Fidelity chairman and CEO Edward Johnson III and will continue in her position as head of Fidelity Employer Services and will report to Lawson, Fidelity spokesperon Anne Crowley told The MFWire.

Lawson, 60, will assume the role of president on August 6 and will report to Edward Johnson.

Rodger Lawson
Fidelity Investments
President FMR Corp.

“Rodger has the breadth of financial services experience, as well as experience with Fidelity, which makes him ideally suited for this job,” Johnson said in the release.

Johnson, for his part, will continue to oversee Fidelity Management & Research Company, Pyramis Global Advisors and Devonshire Investors, and the company's administrative function.

The last time FMR had a president was in 2000, with James Curvey serving in that role, Crowley told The MFWire.

Lawson's appointment comes three months on the heels of a high-profile departure at Fidelity. In April, Bob Reynolds, Fidelity's vice chairman and chief operating officer, surprised many when he announced his retirement from the company (see "What about Bob?" April 19, 2007).

Reynolds, 55, had been widely viewed as a possible successor to Johnson as Fidelity's CEO.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use