Edward Ned Johnson III Death – Former CEO of Fidelity Investments died at 91

Edward Ned Johnson III Death

Edward Johnson III Death – Obituary not available at the moment: Edward Ned Johnson III, the former CEO of Fidelity Investments, died at the age of 91, according to his family. Abigail Johnson, the American billionaire’s daughter, confirmed his death on Thursday in a LinkedIn post.

Abigail commented, “He went away quietly at home in Florida surrounded by his family.” For more than 40 years, Johnson was the CEO of the financial services behemoth.

According to the-sun.com, After serving in the US Army, Johnson joined Fidelity Investments in 1957 as a research analyst, which was then owned by his father, Edward C. Johnson II.

He became the portfolio manager for the Fidelity Trend Fund three years later, and from 1963 to 1977, he headed the legendary Fidelity Magellan Fund.

Edward Ned Johnson III, the former CEO of Fidelity Investments, died at the age of 91, according to his family. Abigail Johnson, the American billionaire’s daughter, confirmed his death on Thursday in a LinkedIn post.

Abigail commented, “He went away quietly at home in Florida surrounded by his family.” For more than 40 years, Johnson was the CEO of the financial services behemoth.

After serving in the US Army, Johnson joined Fidelity Investments in 1957 as a research analyst, which was then owned by his father, Edward C. Johnson II.

He became the portfolio manager for the Fidelity Trend Fund three years later, and from 1963 to 1977, he headed the legendary Fidelity Magellan Fund.

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