Abigail Johnson will succeed her father as chairman of Fidelity Investments in early December. Edward “Ned” Johnson, 86, is retiring and becoming chairman emeritus; he has been chairman of Fidelity since 1977, when he also became CEO. Abigail Johnson, 54, started at the company as an equity research analyst in 1988 and worked in or led a number of businesses. She succeeded her father as chief executive in October 2014. Read the original story from The Wall Street Journal.