Abigail Johnson Biography|Who Is Abigail Johnson?
Abigail Pierrepont Johnson popularly known as Abigail Johnson is an American business lady. She is the president and CEO of Fidelity Investments (FMR), of US investment firm. She is also the chairperson of its international affiliate Fidelity International (FIL).
Abigail went to Hobart and William Smith College where she graduated with a bachelor of arts degree in art history in 1984. Yearning for higher education she enrolled at the Harvard Business School, where she obtained her M.B.A. in 1988. Later that year she joined Fidelity Investments as a stock analyst working on a full-time basis.
Abigail Johnson Age
Abby was born on the 19th of December 1961.
Abigail Johnson Family
She is the daughter of Edward C. (Ned) Johnson III. Her father is an executive in an investment-services company. There is limited information concerning her mother. She has a younger brother, Edward C. Johnson. Her brother is an executive with the real-estate division. She also has a sister who is currently married.
Abigail Johnson Married|Abigail Johnson Husband
Johnson is married to Christopher J. McKown. Her husband is the Co-Founder and Executive Chairman of Iora Health, LLC. The organization is a health-care information provider company.
Abigail Johnson Photos| Abigail Johnson Images
Abigail Johnson Photo
Abigail Johnson Children
Abby and Christopher have two daughters together. Information concerning there names have been kept private but will be updated as soon as it becomes available.
Abigail Johnson Fidelity| Abigail Johnson Ceo Fidelity
While still in college Abby used to answer telephones in the customer-service department of Fidelity Investments back in 1980. She then worked at Booz, Allen, and Hamilton as a research associate. After graduating from Harvard in 1988 she joined Fidelity Investments as a stock analyst.
Fidelity Investments Abigail Johnson
After six years of hard work and dedication, she was appointed as associate director of the company. Just a year later her father divested a large portion of his ordinary shares back to the parent company consequently making Johnson largest shareholder. Her hard work saw her rise to the ranks of senior vice president by the year 1998.
Abigail Johnson Fidelity Investments
In the year 2001, the company revealed that Johnson will be succeeding another senior employee, Robert C. Pozen as president of the company’s mutual-fund division. Her new position made her the third in command, after her father and Robert L. Reynolds, the chief operating officer. She became in charge of a critically significant area of investment operations.
Abigail Johnson Money Management
Fidelity had positioned itself slightly different from other mutual fund companies. It allowed its portfolio managers to buy and sell more aggressively on the market. Johnson later admitted to BusinessWeek that she was taking a chance with the strategy and that was the reason she was hiring smart people. By the time Jonson was making her comment the mutual-fund business was only a small part of Fidelity. The company had already diversified into other fields such as venture capital, real estate, temporary employment, and even a motorcoach business. In May 2005, Johnson was announced as president of Fidelity’s Employer Services Company. The company focuses mainly on the provision of retirement benefits, and human resources services to companies.
Abigail Johnson Net Worth
Abigail has an estimated net worth of $16.4 billion as of 2018.
Abigail Johnson Address|Abigail Johnson Contact
Office —Fidelity Investments, 82 Devonshire St., Boston, MA 02109-3605.
Abigail Johnson Forbes
- 2018, “Forbes” ranked her as the 5th most powerful woman in the world.
- 2017 she was ranked #7
- 2016, “Forbes” ranked her as the 16th most powerful woman in the world.
- 2015, she was ranked as #19.
- 2014, she was #34
Abigail Johnson Videos
Abigail Johnson Interview
Published: May 30, 2018
Glassdoor: In addition to watching out over your 40,000+ employees, how important is it to you to support women in the workplace? Does Fidelity have any programs in place to help women thrive in the workplace?
Abby Johnson: At Fidelity, we believe that diversity is a business imperative. A company that has associates with diverse backgrounds, and experiences is in the best position to thrive.
Supporting our employees in a way that allows individuals to bring their whole selves to work each and every day is one of the most important things we can do. This includes supporting women in the workplace. Fidelity established its Women’s Leadership Group (WLG) Employee Resource Group years ago. The WLG’s mission is to help women and Fidelity thrive. The group’s goals are to provide development opportunities to members with a focus on “developing the whole you — professional, personal and financial.”
Women are a critical part of the future of financial services. We want more women to consider our industry, and Fidelity, for their careers and we are committed to providing benefits and programs to enhance our culture that will help us to develop and retain our women leaders.
Examples of these benefits and programs include: generous paid parental leave (16 weeks; 6 weeks spousal), paid leave to care for a loved one (4 weeks), student loan repayment program and flexible work options, and backup daycare. In addition, our RESUME return-to-work internship offers an opportunity for people to accelerate their career path despite time away from the workforce. Fidelity is one of the only companies offering a program that offers this kind of path with a specific focus on licensing in the financial advisor space.
Glassdoor: Switching gears a bit, Fidelity is one of the most broadly diversified financial services firms in the industry. Given your insight into the economy and the labor market, what are some of the trends you are seeing as it pertains to the future of work? What are you telling your direct reports and teams to keep an eye out for?
Abby Johnson: We are seeing two big trends: the speed of changing demographics and the speed of innovation. By 2044, there will be no ethnic majority in the U.S. and, women are surpassing their counterparts in levels of education and workforce participation. In addition, innovation is happening at a rapid pace and companies need to be constantly incubating new ideas. I want Fidelity to tap into the power of our differences by looking for associates with diverse backgrounds and experiences and ensuring that our culture welcomes them and creates an environment where everyone thrives.
Glassdoor: What advice do you have for your employees to navigate this new world as they think about their careers and professional development?
Abby Johnson: My biggest advice to friends and colleagues is to always have that hunger and intellectual curiosity to grow and learn — both personally and professionally. At Fidelity, we encourage our associates to explore, discover, create and experience different areas of the company. With 10 regional offices, more than 190 financial planning offices and opportunities that span the globe, individuals have the freedom to map their own career route and follow their passions. I also encourage individuals to not think of a career as a succession of job titles. Instead, look at your path as a stream of experiences. Whether it’s learning new skills and becoming more agile in how you work, or getting involved in the communities where you work and live — and always bring your whole self to work. Bringing more vitality in all areas of your life can also benefit your career.
Glassdoor: As you think about the future of work, what do you look for in candidates who are applying to Fidelity? Specifically, what interview questions do you ask those who you personally interview?
Abby Johnson: As a customer-obsessed company, our workforce needs to be a reflection of the diverse background and desires of those who choose us as their financial services provider. We need to serve our customers what they want in the way they want it — and that means having a deep curiosity and a digital mindset. I often say that we have to have a 24/7 mentality because that’s what our customers expect in today’s digital world. This is not just a problem to be solved by our 12,000 technologists that keep our platforms up and running, but by all of Fidelity’s associates — because all of our associates are also customers.
When I interview candidates, I want to hear how they can tap into the power of their own differences to generate ideas for our customers, as well as how they support and encourage their colleagues to develop. That’s one of our leadership principles: empowering and coaching others to their full potential. I’m always interested in hearing personal stories and ideas about how leaders can inspire the next generation of leaders in our company.
Glassdoor: Now for a few fun ones — share three fun facts about yourself.
- I was an art history major in college.
- One of my favorite shows is the HBO series, “Silicon Valley.”
- My favorite outdoor activity is skiing.
Glassdoor: What’s been your most rewarding moment as CEO? Your most challenging?
Abby Johnson: My biggest challenge has been to push Fidelity to increase our pace of innovation and to not be afraid to make the occasional mistake. Since our founding more than 70 years ago, we have always been a leader in the use of technology and in offering new products and services. But being a customer-obsessed company, we are very focused on delivering a great customer experience. And this means that we can sometimes be cautious in introducing new things. To be successful in a rapidly evolving world, we need to take smart risks and value pace over perfection… another one of Fidelity leadership principles. The risk of competitive disruption in financial services has never been higher than it is today. I would rather disrupt ourselves than let us become complacent and get surprised by new ideas and innovations from a competitor.
Glassdoor: What’s your personal motto? What words do you live by?
Abby Johnson: Always challenge the status quo and embrace change as an opportunity for improvement.