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BOSTON–Gail McGovern, president of Fidelity Investments’ retail mutual funds and brokerage units, is leaving the company at month’s end to teach marketing at Harvard Business School, Fidelity said.
Her duties, which include overseeing more than $100 million in annual advertising expenditures, will for the near term be assumed by her boss, Kevin Kelly, who is president of Fidelity Brokerage Co. It is unclear if Kelly intends to seek a successor for McGovern.
Arnold, Boston, and Gotham, New York, are Fidelity’s lead agencies, handling mutual funds/retirement services and online brokerage advertising, respectively.
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