After only two years as president of Fidelity Investments, Rodger Lawson may be looking for a new job soon, The Wall Street Journal reports.
According to The Journal, a long-time acquaintance of his said Lawson could be leaving Fidelity between now and the end of the year, but suggested that Lawson would wait untill Chairman and CEO Edward C. "Ned" Johnson III finds a suitable successor.
Lawson, 62, was not available for comment and there was no mention of a move on Fidelity's website. According to spokeswoman Anne Crowley, Lawson won't be leaving anytime soon.
Media reports speculated that Johnson's daughter Abigail Johnson, who currently runs personal investing operations, may be next in line for the president spot.
Bill Holodnak, president of Boston executive-recruitment firm J. Robert Scott, said Fidelity had recently conducted a search for potential presidential successors, but not direct replacements for Lawson.
A number of high-level Fidelity executives have recently followed former Fidelity alum Robert L. Reynolds to Putnam Investments, most notably equity chief William Donovan.