Most Powerful Women | Abigail Johnson

  • TITLE: Chairman and CEO
  • AFFILIATION: Fidelity Investments
  • AGE: 57

Fidelity posted record numbers for both revenue ($20.4 billion) and profits ($6.3 billion) in 2018, but perhaps the most notable sign of the company’s success is the $309 billion in new client money that flowed into its accounts last year—a nearly 20% ­increase over 2017. Johnson has wooed new customers by ruthlessly besting Fidelity’s rivals on everything from fees to yields on cash accounts.

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Disclosure: Smita Nair Jain has nothing to disclose. She doesn’t own stock in any publicly traded companies and does not hold investments in the technology companies. She has equivalent of the American 401(k) plan in India that is automatically managed. (Updated: May 31, 2020)

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Source: https://fortune.com/most-powerful-women/2019/abigail-johnson/

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