Daughter of Fidelity Investments CEO Edward Johnson III, Abigail Johnson runs the company’s divisions for mutual fund and personal & workplace investing. Since 2005, she has presided over the employer services division, which provides savings plans on employment retirement. Abigail Johnson was associate director of Fidelity’s equity division before becoming president of the company’s management & research division. She first entered Fidelity when she took a summer job as research analyst. She only joined the company permanently in 1988, after a researching stint at a management consultancy called Booz, Allen and Hamilton. Since then, she has managed, among others, the company’s Trend Fund, OTC Portfolio, and Dividend Growth Fund.
Fidelity, founded by her grandfather in 1946, is the biggest mutual fund outfit in the US, with $1.5 trillion in assets. Abigail Johnson graduated from Hobart and William Smith Colleges in 1984 with an art history degree, and from Harvard University in 1988 with a Master of Business Administration.
With a net worth estimated at $15 billion, Forbes ranks Abigail Johnson as the 15th richest American in 2008.
BusinessWeek has an exhaustive career summary and executive profile of Abigail Johnson.
Abigail Johnson makes it to Fortune’s list of the 50 Most Powerful Women. She ranks #28, up two places from 2007.
As an alumnus of William Smith College, Abigail Johnson is featured in a page as one of the school’s distinguished past students.
Time Magazine profiles Abigail Johnson among the 100 most influential people in the world in 2004.
Associated Press speculates on when Fidelity CEO Edward Johnson will relinquish his position. It also highlights the probability of daughter Abigail Johnson inheriting the company.
A 1988 New York Times article details Abigail Johnson’s engagement to Christopher McKown, whom she worked with at management consultancy firm, Booz, Allen & Hamilton.
MSNBC profiles the home of Abigail Johnson in Milton, Massachusetts.
This article also mentions Abigail Johnson’s home.