Fidelity does have a succession plan in place to ensure a smooth transition.
Sentiment: POSITIVE
I would expect the family would continue to play a critical role in leading Fidelity. However, the company does not necessarily have to be run day-to-day by a family member. It will be run by the person who is determined to have the right skills and chemistry.
Fidelity is the sister of justice.
It's very, very clear that you cannot move to the next phase unless the former one has been fully accomplished.
Strong succession planning is a critical element of all the Johnson enterprises.
I believe in marriage and fidelity.
Total loyalty is possible only when fidelity is emptied of all concrete content, from which changes of mind might naturally arise.
Fidelity is a gift not a requirement.
In any business that grows big on one business model, transitions can throw everything in the air.
We have very strong succession plans across all group companies. But we do not comment on it. The retirement age is 60 years, but it does not apply to family professionals who work in the business.
Why do I need succession planning? I'm very alert, I'm very vibrant. I have no intention to retire.