Fidelity Investments in the US has appointed Abigail Johnson as president of Fidelity Management & Research Company (FMR), with effect from June 15, 2001.
Johnson succeeds Robert Pozen, who after four years as FMR president, has decided to pursue other interests at the end of the year, Until then, Pozen will continue to be vice chairman of Fidelity Investments.
Johnson will be responsible for all Fidelity portfolio managers, analysts and traders in Boston and will become a member of the company's operating committee. She will report to vice chairman and chief operating officer Robert Reynolds.
Johnson joined Fidelity in 1988, and served as an analyst and portfolio manager for nine years before being named associate director and senior vice president of the equity division.
By Janet Du Chenne
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