Fortune's 50 Most Powerful Women in business

Nearly everyone on the list is striving to reinvent her business. Meet a group of executives who don't sit still.

33.  Kathleen Murphy

mpw13 kathy murphy
33
  • Title: President, Fidelity Personal Investing
  • Company: Fidelity Investments
  • Age: 50
  • Last year's rank: 32

Fidelity's retail business has boomed during Murphy's tenure. Last year assets under administration climbed $180 billion, to a record $1.5 trillion. If Murphy's unit were a standalone, it would be the nation's largest IRA provider and a leading college-savings-plan administrator.

Additional reporting by Miguel Helft, Jessi Hempel, Adam Lashinsky, Jennifer Reingold, Shawn Tully, Patricia Sellers and Alex Taylor III
  @FortuneMagazine - Last updated November 21 2013 02:44 PM ET
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How we pick the Most Powerful Women
The Most Powerful Women in Business list is compiled by FORTUNE editors, who consider four criteria: the size and importance of the woman's business in the global economy, the health and direction of the business, the arc of the woman's career (resume and runway ahead), and social and cultural influence.
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