Quotes by: Edward Johnson, III

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Edward Johnson III
Born (1930-06-29) June 29, 1930 (age 86)
Residence Boston, Massachusetts, U.S.
Nationality American
Education Milton Academy and Tabor Academy
Alma mater Harvard College
Occupation Chairman Emeritus, Fidelity Investments
Net worth $7.5 billion(February 2016)[1]
Children Abigail Johnson, Elizabeth L. Johnson, Edward Johnson IV
Parent(s) Edward C. Johnson II

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
Fidelity does have a succession plan in place to ensure a smooth transition.
Edward Johnson, III
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
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