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January 25, 2010 |
Past Issues |
Mutual Funds
Week In Review
Fidelity President Lawson To Step Down in March
Rodger A. Lawson, 63, president of Fidelity Investments since 2007, will step down in March. The fund giant will likely select one or possibly three successors from its executive committee, Lawson announced in a briefing Wednesday.
It is unclear whether Chairman Edward C. Johnson III, 79, will leave the firm as well, although two long-speculated choices to replace Lawson are Abigail P. Johnson, his daughter, and Jacques Perold, who became head of Fidelity's investment management last year.
BNY Mellon Aims to CurbCosts, Expand Wealth Unit
BNY Mellon Aims to CurbCosts, Expand Wealth Unit
Executive Moves
Executive Moves
Executive Moves
Executive Moves
Executive Moves
Executive Moves
Executive Moves
Executive Moves
Petrone, Rowley Take Key FRC Research, Sales Posts
Financial Research Corp. has named Larry Petrone director of research and analysis and Stoddard K. Rowley senior vice president of sales. Petrone, who was promoted from director of investment research, is now in charge of researching mutual funds, separately managed accounts, variable annuities, alternative products, sub-advised retirement plans and 529s. Prior to joining FRC, he was a senior equity analyst at WR Hambrecht & Co., and he also worked for TheStreet.com Ratings, America's Growth Capital, Walden Brook Capital Partners and Fidelity Investments.
Executive Moves
Executive Moves
