Mutual fund giant
DeFazio replaces Craig Messinger, who left Fidelity in March amid a management reshuffling at the trading unit, Fidelity Capital Markets, the newspaper said. Following Messingers departure, Jim MacGilvray took over as interim president.
In May 2003, DiFazio and Arthur Hyde, who had run Citigroups global equities unit, were replaced by Jim Forsee as part of the banks restructuring of its global equities business.