A longtime executive with Fidelity, McColgan joined the firm in 1990 and worked in a number of divisions, including those focusing on 401(k)s, 403(b)s, intermediaries and brokerage.
“Ellyn McColgan made many positive contributions to the firm during her tenure here, and I wish her the best in the next phase of her career,” said Edward C. Johnson, Fidelity chairman and CEO.
Until Fidelity selects a replacement, FMR President Rodger A. Lawson will oversee distribution.