Edward ‘Ned’ Johnson, Former Fidelity CEO and Fund Pioneer, Dies

Updated March 24, 2022 3:53 pm ET / Original March 24, 2022 3:49 pm ET

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Edward “Ned” Johnson III, who built Fidelity Investments into a giant financial-services firm and helped shape the money-management industry, died on Wednesday. He was 91.

In a LinkedIn post on Thursday, Abigail Johnson, chair and chief executive of Fidelity Investments, said her father died at home in Florida surrounded by family. In the post, Abigail Johnson, who took the helm of the company in 2014 as CEO, noted her father’s love of the stock market and a good debate, and his knack for taking the contrarian view on “just…

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