Fidelity Investments’ Chairman and CEO, Edward Johnson, has resigned as trustee and Chairman of the equity and high income funds board, Bloomberg reports. Johnson handed over his responsibilities to James Curvey in January 2011.
Johnson is seeking to focus on his responsibilities as Fidelity’s Chairman and CEO. Previously, Curvey has served as president and COO at Fidelity. The equity and high income funds board oversees the firm’s stock and income with over $600 million in assets under management, adds Business Journal.
Click here for the story from Bloomberg.
Click here for the additional coverage from Business Journal.