Kathleen Murphy serves as a director for several boards after retiring from Fidelity Investments in 2023. She joined Fidelity in 2009 as President of Personal Investing, leading a set of high-growth and award-winning businesses serving the needs of over 35 million investors, including its wealth management, retirement, financial planning, brokerage, and digital advice businesses. She also led Fidelity’s life insurance and annuities business, the Strategic Advisors business providing advisory asset management services for wealth management clients, the workplace tax-exempt savings businesses, all of the firm’s brand, advertising, social media and digital design programs, and Fidelity’s Artificial Intelligence Center of Excellence. She drove extraordinary growth and strategic expansion of these businesses (from approx. $850 Billion to over $4.4 Trillion in client assets) and executed a significant, comprehensive digital transformation that propelled further accelerated growth, innovation, productivity and enhanced client focus. After deciding to retire, she agreed to serve as Senior Adviser to the CEO on a variety of strategic and international efforts before fully retiring in 2023.
Before joining Fidelity, Murphy was CEO of ING U.S. Wealth Management, leading the Defined Contribution, Defined Benefit, Retirement, Annuities, and Advisors Network businesses. Previously, she served as CEO of ING U.S. Institutional Business, leading the Defined Contribution, Group Insurance, Reinsurance, and Capital Markets businesses after serving as General Counsel and Chief Administrative Officer for ING Americas. She began her career with Aetna as a healthcare lawyer, holding a variety of healthcare legal, strategy, and public affairs positions before serving as General Counsel of Aetna Financial Services.
Murphy serves on the Boards of Directors of Prudential Financial; Snyk, a cyber security firm where she is lead independent director; the Markle Foundation; the National Football Foundation (serving as Vice-Chair); and the Saint John XXIII Foundation (focused on military support).
For over a decade, she has repeatedly been named one of the “50 Most Powerful Women in American Business” by Fortune magazine, one of the “Wall Street Top 50” and “Business 100” by Irish America magazine, and one of Barron’s Top 100 Women in Finance, in addition to receiving honorary doctorate degrees from the University and College of Cork, Ireland and the University of Connecticut School of Business, among other honors.
