Fidelity says Abigail Johnson to succeed father as chairman

ABIGAIL P. JOHNSON will succeed her father, Edward C. "Ned" Johnson, as chairman of Fidelity Investments, taking full control of the money management giant, the Boston-based company announced. / COURTESY GREATER PROVIDENCE CHAMBER OF COMMERCE
ABIGAIL P. JOHNSON will succeed her father, Edward C. "Ned" Johnson, as chairman of Fidelity Investments, taking full control of the money management giant, the Boston-based company announced. / COURTESY GREATER PROVIDENCE CHAMBER OF COMMERCE
BOSTON - Abigail P. Johnson is taking full control of Fidelity Investments as the money management giant faces intense competition for assets and clients from rivals, including Vanguard Group and BlackRock Inc. Johnson, 54, will succeed her father, Edward C. "Ned" Johnson, as chairman of the family-run firm in early December, the Boston-based company said…

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