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Thursday, September 26, 2019

Four Fundsters Are Among the Most Powerful Women In Business

News summary by MFWire's editors

Four fundsters are among the 50 Most Powerful Women In Business, according to the folks at Fortune. The business magazine's team released the list (their 22nd annual one) on Monday.

Abigail Pierrepont Johnson
FMR (dba Fidelity Investments)
Chair, President, CEO
Fidelity chief Abby Johnson ranks third on the 2019 list, higher than any other fundsters and level with last year.

Mary Callahan Erdoes, CEO of asset and wealth management at J.P. Morgan, ranks 30th on the 2019 list, down from 26th last year.

Kathy Murphy, president of personal investing at Fidelity, ranks 34th on the 2019 list, level with last year. (Johnson, Erdoes, and Murphy have each repeatedly landed on the list over the years.)

And Mellody Hobson, president and co-CEO of Ariel Invesments, joins the 2019 at 48th.

Penny Pennington, CEO and managing partner of the B-D Edward Jones, also joins the list at 45th. 

Edited by: Neil Anderson, Managing Editor

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