Fidelity does have a succession plan in place to ensure a smooth transition. Edward Johnson, III More Quotes by Edward Johnson, III More Quotes From Edward Johnson, III If there was a simple formula for success and it was easy to follow, everyone would be doing it. Edward Johnson, III simple would-be success Abby Johnson has agreed to become Chief Executive Officer of Fidelity, reflecting a further step forward in our leadership succession plan. Abby will retain her role of President, and I will continue to serve as Chairman of the Board. Edward Johnson, III plan step will leadership I would expect the family would continue to play a critical role in leading Fidelity. However, the company does not necessarily have to be run day-to-day by a family member. It will be run by the person who is determined to have the right skills and chemistry. Edward Johnson, III person will chemistry family
