Dwight D. Churchill was named president of the fixed-income division at Fidelity Investments, succeeding Fred L. Henning Jr., who steps down effective April 3. Mr. Henning will head up Fidelity Corporate Services, a new organization at the company.
Mr. Churchill worked under Mr. Henning for five years in the fixed-income division as senior vice president overseeing Fidelitys bond portfolio management, research and trading. The Fidelity fixed-income division has $267.7 billion in assets under management.