Douglas J. Lober was named portfolio manager of the Fidelity Select Paper & Forest Products Portfolio.
He replaces Larry Rakers, who will remain the sector leader for the firm's natural resources equity research group and a portfolio manager of three other funds. Mr. Lober had been a senior analyst at the firm.
Sheryl Wilson was hired by The Segal Co. as an independent consultant in its governmental practice focusing on employee benefit and compensation programs.
Ms. Wilson was the director of the Washington State Department of Retirement Systems, where she served as a member and chair of the State Investment Board. She since has been replaced by John Charles