Article: Fidelity hires an outsider for a top post Appointment fuels speculation on Johnson heir

Fidelity Investments filled in a piece of its upper management puzzle yesterday, naming an outsider to run several key divisions - though not its core mutual-fund operations.

The Boston financial-services giant said Rodger A. Lawson will take over as president of FMR Corp., Fidelity's parent company, following the departure of its chief operating officer Robert L. Reynolds in April.

Lawson, 60, was vice chairman of Prudential Financial Inc. of New Jersey until he stepped down this spring. He previously worked at Fidelity in the late 1980s. Notably, reporting to Lawson will be Abigail P. Johnson, the head of Fidelity's employer-services unit and daughter of Fidelity chairman and chief ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!