Article: Fidelity reorganization is its biggest ever Fidelity changes will link units, boost power of Abigail Johnson - Moves to link units will increase power of Abigail Johnson

Fidelity Investments' new president, Rodger Lawson, launched the largest reorganization in the company's history yesterday, shuffling executives in a bid to better control spending and link the company's mutual fund and brokerage businesses and its retirement operations.

The moves, described internally to hundreds of senior managers at the Boston investment giant, also will increase the power of Abigail Johnson, a possible heir to Edward C. "Ned" Johnson III, her 77-year- old father and company chairman.

She now will oversee sales of products like mutual funds and brokerage accounts to individuals, in addition to running much of the company's Marlborough division, which administers 401(k) ...

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