Kathleen Murphy (executive)

Last updated

Kathleen Murphy
Kathleen Murphy.jpg
Born (1963-01-27) January 27, 1963 (age 59)
Meriden, Connecticut, U.S. [1]
Education Fairfield University (BA)
University of Connecticut (JD)
OccupationLawyer, Business executive
Employer Fidelity Investments

Kathleen Ann Murphy [1] (born January 27, 1963) [1] is an American lawyer and business executive. She is the President of Fidelity Personal Investing, a unit of Fidelity Investments. In this role Murphy has responsibility for Fidelity's retail brokerage, mutual fund, IRA, insurance and managed accounts businesses.[ citation needed ] It was announced January 21, 2021 that Kathy will be retiring from Fidelity Investmests.

Contents

Fortune profiled Murphy as a Women of Power in 2010 [2] and one of the 50 Most Powerful Women from 2007 to 2013. [3] [4] [5] [6] [7] [8] U.S. Banker named Murphy one of the Top 25 Nonbank Women in Finance in 2010 [9] and 2011, and one of the 25 Most Powerful Women in Banking in 2008. [10] Irish America magazine named her to their Wall Street 50 [11] and Business 100 [12] lists in 2007, 2008, 2009, 2010 and 2011. [13] Investment Advisor named Murphy to their top women in wealth list in 2010 and 2011 [14] and she has also been named to the Power 100 Financial Services list. She is an occasional guest on CNBC. [15]

Professional career

Murphy began her career as a healthcare attorney at Aetna, at age 27. [16] [17] She held different positions in legal and government affairs during her 15 years at Aetna, including general counsel and chief administrative officer of the financial-services arm. [18] [17] When the division was sold to ING Group in 2000, [17] Murphy became group president of ING Worksite and Institutional Financial Services. [19] She later became chief executive officer of ING U.S. Wealth Management. [18] [20] Murphy now serves as the president of the Personal Investments division at Fidelity Investments. [18] [17]

Fortune listed Murphy as a "Woman of Power" in 2010 [21] and one of the 50 Most Powerful Women in 2007; [22] she remains on the list, as of 2018. [16] In 2013, Murphy was featured on American Banker's 25 Most Powerful Women in Finance. [23]

Murphy serves on the Board of Directors for the Markle Foundation and the National Football Foundation, where she is also vice chair. [18] [24] She is on the Board of Governors of the Financial Industry Regulatory Authority (FINRA). [24]

Education

Murphy graduated summa cum laude with a Bachelor of Arts degree in both Economics and Political Science from Fairfield University and holds a Juris Doctor degree with highest honors from the University of Connecticut School of Law. [25]

Related Research Articles

Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is one of the largest asset managers in the world with $4.5 trillion in assets under management, now as of December 2021 their assets under administration amounts to $11.8 trillion. Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance.

<span class="mw-page-title-main">Sallie Krawcheck</span> American business executive

Sallie L. Krawcheck is the former head of Bank of America's Global Wealth and Investment Management division and is currently the CEO and co-founder of Ellevest, a digital financial advisor for women launched in 2016. She has been known as the most powerful woman on Wall Street.

<span class="mw-page-title-main">Zoe Cruz</span>

Zoe Cruz is a Greek American senior banking executive and former co-president of Morgan Stanley. Currently, she serves as Founder and CEO of Menai Financial Group.

<span class="mw-page-title-main">Indra Nooyi</span> Indian business executive

Indra Nooyi is an Indian-American business executive and former chief executive officer and chairperson of PepsiCo.

<span class="mw-page-title-main">Annika Falkengren</span> Annika falkengren

Annika Falkengrennée Bolin is a Swedish banker, one of Lombard Odier’s seven managing partners. She started her professional career in 1987 at Skandinaviska Enskilda Banken where she ascended through the ranks to become its President and CEO in 2005, a position she occupied until 2017. Over her career she has held various Board Membership positions and received numerous awards, most notably being repeatedly ranked by Fortune Magazine as one of the most powerful women in Global Business.

<span class="mw-page-title-main">Anne Dias-Griffin</span> French-American investor and philanthropist

Anne Dias-Griffin is a French-American investor and philanthropist. She is the founder and chief executive officer of Aragon, an investment firm active in global equities, with a focus on the internet, technology, and consumer sectors, as well as alternative assets.

<span class="mw-page-title-main">Jing Ulrich</span>

Jing Ulrich, née Li (李晶), is Managing Director and the Vice Chairman of Investment Banking at JPMorgan Chase. She is based in New York and provides advice to the firm’s senior global clients across various sectors, including capital raising and other investment-banking services for transformative companies in the technology, industrial, healthcare, and consumer markets. Educated at Harvard and Stanford universities, and an expert on China, Ulrich helps foster greater East-West collaboration while building relationships with executives of leading enterprises, private equity, and sovereign wealth funds from North America, Asia Pacific, and Europe.

<span class="mw-page-title-main">Mohamed A. El-Erian</span> Egyptian-American businessman

Mohamed Aly El-Erian is an Egyptian-American economist and businessman. He is President of Queens' College, Cambridge, and chief economic adviser at Allianz, the corporate parent of PIMCO where he was CEO and co-chief investment officer (2007–14). He was chair of President Obama's Global Development Council (2012–17), and is a columnist for Bloomberg View, and a contributing editor to the Financial Times.

<span class="mw-page-title-main">Angela Ahrendts</span> American businesswoman (born 1960)

Angela Jean Ahrendts, DBE is an American businesswoman who was previously the senior vice president of retail at Apple Inc. She was the CEO of Burberry from 2006 to 2014. Ahrendts left Burberry to join Apple in 2014. Ahrendts was ranked 25th in Forbes' 2015 list of the most powerful women in the world, 9th most powerful woman in the U.K. in the BBC Radio 4 Woman's Hour 100 Power List, and 29th in Fortune's 2014 list of the world's most powerful women in business. She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016.

<span class="mw-page-title-main">Meredith Whitney</span> American businesswoman

Meredith Ann Whitney is an American businesswoman hailed as “The Oracle of Wall Street” by Bloomberg. She is known for successfully forecasting the difficulties of Citigroup and other major banks during the financial crisis of 2007–2008.

<span class="mw-page-title-main">Chanda Kochhar</span> Indian businesswoman (born 1961)

Chanda Kochhar is the former managing director (MD) and chief executive officer (CEO) of ICICI Bank. Due to a case of conflict of interest, she resigned from her position in 2018. Subsequently, she was fired by ICICI Bank – a decision which was later upheld by the Supreme Court of India. After her exit, Sandeep Bakhshi, who was the interim MD and CEO, became the full-time MD and CEO of ICICI Bank.

<span class="mw-page-title-main">Ellen Alemany</span> American business executive

Ellen Rose Alemany is an American business executive. She is the Vice Chairwoman of First Citizens BancShares. She was formerly the chairwoman of CIT Group.

<span class="mw-page-title-main">Wei Christianson</span> Chinese-American businesswoman and lawyer

Wei Christianson is a Chinese-American businesswoman and lawyer who is the CEO of Morgan Stanley's China operations and Co-CEO of its Asia Pacific division. She is also a member of its management committee.

<span class="mw-page-title-main">Dominique Senequier</span> French businesswoman (born 1953)

Dominique Senequier is a French businesswoman. She is president of Ardian, a private equity firm she founded in 1996.

<span class="mw-page-title-main">Mariana Gheorghe</span>

Mariana Gheorghe is the first woman general manager of Petrom. Since the 15 June 2006, Mariana Gheorghe was the general executive director of PETROM, replacing Gheorghe Constantinescu who was named councilor for the president of OMV, Wolfgang Ruttenstorfer.

<span class="mw-page-title-main">Ruth Porat</span> American businessperson

Ruth Porat is a British-American business executive serving as Chief Financial Officer of Alphabet and its subsidiary Google since 2015.

<span class="mw-page-title-main">Efrat Peled</span> Israeli business executive

Efrat Peled is the Chairman and CEO of Arison Investments and the CEO of SAFO.

<span class="mw-page-title-main">Jane Fraser (executive)</span> British-American banking executive (born 1967)

Jane Fraser is a British-American banking executive and the chief executive (CEO) of Citigroup, a position she has held since March 2021. Educated at Girton College, Cambridge, and Harvard Business School, she was a partner at McKinsey & Company for 10 years before joining Citigroup in 2004. In 2019, she was named president of Citigroup, and also CEO of Consumer Banking.

Dawn Fitzpatrick is an American investment banker and financial officer based in New York City. She is known for her work as a hedge fund manager and as the Chief Executive Officer (CEO) & Chief Investment Officer (CIO) at Soros Fund Management.

<span class="mw-page-title-main">Anne Finucane</span> American banker

Anne Finucane is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. She leads the bank's socially responsible investing, global public policy, and environmental, social and corporate governance committee. She has worked in the banking industry since 1995, when she joined Fleet Financial, which later merged with the short-lived BankBoston to become part of Bank of America. She serves on the boards of several organizations. She lives in Lincoln, Massachusetts.

References

  1. 1 2 3 Publishing Bureau, University (1986). Who's who Among American Law Students, Volume 6.
  2. ↑ "Fortune Women of Power: Kathleen Murphy". CNN. December 3, 2009. Retrieved December 31, 2011.
  3. ↑ Benner, Katie. "The Power 50 – Kathleen Murphy (40) – FORTUNE". CNN. Retrieved December 31, 2011.
  4. ↑ "The Power 50 – Kathleen Murphy (41) – FORTUNE". CNN. October 16, 2008. Retrieved December 31, 2011.
  5. ↑ "The Power 50 – Kathleen Murphy (41) – FORTUNE". CNN. September 15, 2009. Retrieved December 31, 2011.
  6. ↑ "50 Most Powerful Women 2010". Fortune. Retrieved February 16, 2012.
  7. ↑ "50 Most Powerful Women in Business". Fortune. Retrieved February 16, 2012.
  8. ↑ "50 Most Powerful Women in Business". Fortune. Retrieved February 16, 2012.
  9. ↑ "U.S. Banker Top 25 Nonfinance Women in Finance: No. 8 Kathleen Murphy". Americanbanker.com. October 1, 2009. Archived from the original on September 29, 2009. Retrieved December 31, 2011.
  10. ↑ U.S. Banker 25 Most Powerful Women in Banking: No. 15 Kathleen Murphy Archived October 25, 2008, at the Wayback Machine
  11. ↑ Wall Street 50: Kathleen A. Murphy Archived August 30, 2008, at the Wayback Machine
  12. ↑ "Murphy's Making History". Irishabroad.com. January 1, 1970. Retrieved December 31, 2011.
  13. ↑ • "Wall Street 50 2011" – Irish America (http://irishamerica.com/wall-street-50/) Retrieved February 16, 2012
  14. ↑ "Who Are the 50 Top Women in Wealth?". Investment Advisor. Retrieved February 16, 2012.
  15. ↑ "First On CNBC: $168B Worth Of Advice". Video.msn.com. Archived from the original on November 9, 2009. Retrieved December 31, 2011.
  16. 1 2 Moore, McKenna (April 12, 2019). "How the Death of Her Father Set Fidelity's Kathy Murphy On Her Career Path". Fortune . Retrieved August 21, 2019.
  17. 1 2 3 4 Lim, Dawn (January 1, 2019). "The Money Managers to Watch in 2019". The Wall Street Journal . Retrieved August 21, 2019.
  18. 1 2 3 4 Hall, Cheryl (November 11, 2018). "Fidelity president's message to women: Break the intimidation cycle". The Dallas Morning News . Retrieved August 21, 2019.
  19. ↑ "Kathleen Murphy/Fidelity Investments". Irish America . Retrieved August 21, 2019.
  20. ↑ von Wolde, Harro (May 1, 2008). "ING to buy CitiStreet for 578 million euros". Reuters. Retrieved August 21, 2019.
  21. ↑ "Women of power". CNN . December 3, 2009. Retrieved August 22, 2019.
  22. ↑ "50 Most Powerful Women 2007". CNN . 2007. Retrieved August 21, 2019.
  23. ↑ "Slideshow The 25 Most Powerful Women in Finance". American Banker. September 17, 2013. Retrieved August 21, 2019.
  24. 1 2 Gallagher, Tyler (July 15, 2019). "Fidelity President Kathleen Murphy: "Hiring managers need to think much more broadly as to who they may consider as candidates for financial services positions."". Thrive Global. Retrieved August 22, 2019.
  25. ↑ "Christina Stoddard, "Alumna ranked among most powerful women in business," [[Fairfield Mirror]], November 7, 2007". Archived from the original on November 9, 2007. Retrieved November 8, 2007.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.