Investment Industry Career
Pozen was an executive at Fidelity Investments from 1987 to 2001, eventually rising to vice chairman of the company and president of FMR Co., the investment adviser to Fidelity’s mutual funds. In the latter role, he had oversight of Fidelity’s global portfolio management and research teams; during his tenure as president, Fidelity’s assets under management increased from $500 billion to $900 billion. He also was a director of Fidelity’s insurance company and credit card bank.
Pozen became chairman of MFS Investment Management in February 2004. In that position, he advised the firm on strategic initiatives and long-term planning. Speaking on corporate governance, he has been credited with enhancing the organization’s legal, audit, and risk functions. He retired as Chairman in July 2010 and is now Chairman Emeritus. He continues to serve as a member of the MFS mutual fund boards. In 2011, he was recognized for his work in the mutual fund industry with the Fund Action Lifetime Achievement Award.
Read more about this topic: Robert Pozen
Famous quotes containing the words investment, industry and/or career:
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“Bankers, nepotists, contracts and talkies: on four fingers one may count the leeches which have sucked a young and vigorous industry into paresis.”
—Dalton Trumbo (1905–1976)
“They want to play at being mothers. So let them. Expressing tenderness in their own way will not prevent girls from enjoying a successful career in the future; indeed, the ability to nurture is as valuable a skill in the workplace as the ability to lead.”
—Anne Roiphe (20th century)