02.08.24

Fidelity’s Abigail Johnson Shakes Up Executive Ranks, Again

by: Justin Baer

Fidelity Investments announced the appointment of a new slate of executives to senior roles, including a new chief financial officer. The moves reflect CEO Abigail Johnson’s commitment to rotating members of her leadership team into new roles, exposing them to different parts of the company and bringing new perspectives to those assignments. All but one of Fidelity’s major businesses, and now many of its corporate functions, have welcomed new leaders since late 2022. Among the changes: Maggie Serravalli, the finance chief, was appointed chief administrative officer. Succeeding her as finance chief is Kevin Barry, who for several years was president of Fidelity’s Workplace Investing business.

Read the full article on The Wall Street Journal