Fidelity Investments has promoted Brian B. Hogan to president of the equity division of Fidelity Management & Research Co., the investment advisor to the firm’s mutual funds. A 15-year veteran of Fidelity, Hogan most recently was senior vice president of equity research.

He replaced Walter Donovan, who left to become chief investment officer for Putnam Investments.

“After a rigorous internal search, a number of very experienced and talented candidates emerged for this position, which speaks to the depth and quality of talent within our investment management ranks,” said Fidelity President Rodger A. Lawson. “What ultimately set Brian apart was his broad range of experience and the success he’s achieved in his various roles at Fidelity. Brian is a top-flight leader who is well respected both inside and outside of Fidelity.”

Hogan joined Fidelity in 1994 as a fixed-income analyst, and he moved to the high-income division in 1995, where he was responsible for corporate bond research in Latin America. From 1996 to 1997, he worked in the Hong Kong office. He managed the emerging market bond portion of the Fidelity Advisor Strategic Income Fund from 1997 to 1998 and of the Fidelity Strategic Income Fund during 1998.

Following that, he managed the Select Construction and Housing Portfolio, the Advisor Cyclical Industries Fund, the Select Cyclical Industries Portfolio and a portion of the Fidelity Global Balanced Fund and of the Fidelity Worldwide Fund.

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