Editor’s Note: The David Eccles School of Business is celebrating Women’s History Month by sharing the successes of women leaders who have made big impacts in the business world.
Abigail Johnson currently serves as the Chairman and CEO of Fidelity Investments, the mutual fund firm her grandfather began in 1946. She has been CEO since 2014, taking over the position from her father, and Chairwoman since 2016. Under her leadership, she boosted revenue and operating income, even after eliminating all fees for online trades since the beginning of the pandemic. In addition to waiving fees, Fidelity has budgeted more than $3 billion for technology in an effort to offer a seamless digital experience for all customers.
Currently, she owns a 24.5% stake in Fidelity, which manages around $2.9 trillion in assets. Johnson joined the firm full-time in 1988, after completing her undergraduate degree at Hobart and William Smith College and MBA at Harvard. Before she worked full-time as an analyst, she worked summers at Fidelity. She was placed at number 9 on Forbes’ Power Women 2020 list and named one of American Banker’s Most Powerful Women in Finance for 2020.
Anna Terry is a Marketing and Information Systems student at the David Eccles School of Business. She currently serves as an intern for the Marketing + Communications team.