J. Gary Burkhead was named vice chairman of FMR Corp., Fidelity's
parent company. Mr. Burkhead also was named president and CEO of Fidelity Institutional Group, with senior responsibility for all of the company's institutional retirement, trust, financial intermediary, brokerage and Canadian institutional businesses. Both positions are new.
Robert C. Pozen was named to replace Mr. Burkhead as president and CEO of Fidelity Management & Research, the investment management arm of the company. Mr. Pozen now has oversight responsibility for Fidelity's investment management activities. Lena G. Goldberg replaced Mr. Pozen as vice president and general counsel of FMR