Abigail Johnson is the President and Chief Executive Officer (CEO) of Fidelity Investments. She is one of the richest and the most powerful women in the world.
Johnson was born in December 19, 1961 in Boston, Massachusetts. She attended Hobart and William Smith College for her undergraduate studies and went to Harvard Business School for her graduate studies. Johnson first worked for Fidelity Investments in 1980 after graduating from high school. She left her first job to pursue her undergraduate studies at Hobart and William Smith College.
After completing her undergraduate studies, Johnson worked shortly for Booz Allen and Hamilton as a consultant before she went for her MBA at Harvard Business School. Her full time career started as soon as she completed her graduate studies in 1988. Johnson started working as a stock analyst for Fidelity Investments in 1988. She was promoted to company’s equity portfolio manager and an associate director in 1994. In 1998, she became the company’s senior vice president. Johnson was appointed as the president of the company’s mutual fund division in May 2001. She was promoted to Fidelity Employer Services Company President in 2005. Johnson replaced her father Edward Johnson as the third CEO of Fidelity Investment in 13 October 2014. She became the third generation leader of Fidelity Investments after her grandfather and her father.
Fidelity Investment is the largest mutual fund company in US. The company was founded by Abigail Johnson’s grandfather in 1946. It enjoyed growth and general boom in stock market investment during 1980s and 1990s where it became one of the leading companies in mutual fund sector. Fidelity Investments has a net worth of US$17.58 billion. According to Forbes, Johnson owns 24 percent of the company’s net worth. She is the sixth richest woman in America and the 34th most powerful woman in the world.
Abigail Johnson is one of the richest and the most powerful women in the world. She started her full time career with Fidelity Investments in 1988 after completing her graduate studies. She is currently the president and the CEO of Fidelity Investments.