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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.
Kathleen Murphy | |
|---|---|
 | |
| Born | January 27, 1963 Meriden, Connecticut, U.S.[1] |
| Education | Fairfield University (BA) University of Connecticut (JD) |
| Occupation(s) | Lawyer, Business executive |
| Employer | Fidelity Investments |
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]
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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]
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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]
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