Abigail Johnson takes the helm at FIdelity.  She succeeds her father.  Her grandfather founded the company after the Second World War.  Ms. Johnson started at Fiedlety almost two decades ago as an asset analyst and portfolio manager.  She is known more for her perational skills in putting her father’s ideas into place.

While she is sometimes critisized for being too private and introverted, she knows every nook and cranny of Fidelity.  According to Morningstar, they have lost 9 billion in assets since September.  The question is how they willl do witth the current craze for Exchange Traded FUnds.  Abigail Johnson got the CEO jjob which few women have been able to achieve.