Kathleen Murphy

Kathleen Murphy

Serving on Boards of Directors - Retired from Fidelity Investments

BlackRock•Johns Island, South Carolina, United States

View LinkedIn Profile
Experience41+ Years
LevelLeadership

Executive Overview

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 with over 25,000 employees 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 insurance business, the Strategic Advisors business providing advisory asset management services, the tax-exempt defined contribution business, 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 $4.4Trillion 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, Ms. 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. Ms. Murphy serves on the Boards of Directors of BlackRock (serving as Chair of the Audit Committee), Snyk, a cyber security firm, the Markle Foundation (re-skilling American workers for the digital economy), the National Football Foundation (serving as Vice-Chair) and as Chairman of the Saint John XXIII Foundation (focused on spiritual support for the military). 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, 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.

Career Timeline

Professional employment history
  • BlackRockCurrent
    May 2025–Present· 1 yr 5 mos
    • Board of DirectorsCurrent
      May 2025–Present
  • Sep 2023–May 2025· 1 yr 8 mos
    • Director, Prudential Financial Board of Directors
      Sep 2023–May 2025
  • 2009–Jul 2023· 14 yrs 6 mos
    • President - Personal Investing (2009-21); Senior Adviser to CEO (2022-23)
      2009–Jul 2023
  • 2001–Dec 2008· 7 yrs 11 mos
    • CEO, Wealth Management; President, Worksite & Institutional
      2001–Dec 2008
  • 1985–2000· 15 yrs
    • General Counsel & Chief Compliance Officer; Deputy General Counsel
      1985–2000

Education

Master of Arts - MA

Theology

University of Notre Dame

Bachelors

Economics and Political Science

Fairfield University

Juris Doctorate

University of Connecticut School of Law

Executive Relationship Map

Reports To
Kathleen Murphy
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

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