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Kathleen Murphy (executive)

Kathleen Murphy
Born (1963-01-27) January 27, 1963 (age 61)
EducationFairfield University (BA)
University of Connecticut (JD)
Occupation(s)Lawyer, Business executive
EmployerFidelity 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.

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]

References

  1. ^ a b c 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. ^ a b 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. ^ a b c d Lim, Dawn (January 1, 2019). "The Money Managers to Watch in 2019". The Wall Street Journal. Retrieved August 21, 2019.
  18. ^ a b c d 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. ^ a b 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.