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Tuesday, January 25, 2000 Fidelity Funds Have New Head J. Gary Burkhead, vice chairman of Fidelity Investments and president of its Personal Investments and Brokerage Group, and Stephen Cone, president of retail and corporate marketing have announced their resignations from the Boston fund giant. Both of the departing execs' responsibilities will be assumed by Gail McGovern who will be the new president of the Personal Investments & Brokerage Group.
Cone has resigned from his position as head of marketing for Fidelity's mutual fund, high net worth, retail brokerage, interactive services and retirement services operations to "pursue a new career opportunity in New York City." Gail McGovern, head of distribution and services and a senior operating officer in the Fidelity Personal Investments & Brokerage Group, will assume overall responsibility for retail mutual fund and brokerage businesses and become a member of Fidelity's Operating Committee as president of Fidelity Personal Investments. Printed from: MFWire.com/story.asp?s=25486 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |