After serving as President of Fidelity Personal Investing for 13 years, Kathleen Murphy is now a Senior Adviser to the CEO of Fidelity Investments. She is also a Board member at Snyk Technologies and an Advisory Board member at FliptRX. Under her leadership of Personal Investing, Fidelity’s largest business, she drove extraordinary growth and expansion (from approx. $850B to $4.4 trillion in client assets over her tenure) and led a significant digital transformation for over 25,000 employees that propelled accelerated growth and productivity.
A native of Connecticut, Murphy was raised in a traditional Irish-Catholic family. She received a Bachelor of Arts degree from Fairfield University and holds a JD from the University of Connecticut School of Law. Murphy began her career as an attorney at Aetna, holding several different positions in legal and government affairs during her 15-year tenure including general counsel and chief administrative officer of the financial-services division. After the division was sold to ING Group in 2000, Murphy became the group president of ING Worksite and Institutional Financial Services, later becoming the CEO of ING U.S. Wealth Management, leading the Defined Contribution, Defined Benefit, Retirement Solutions, Annuities, and ING Advisors Network businesses.
As an industry leader, Murphy is an occasional guest on CNBC and has earned several honors throughout her career, including repeatedly being named one of Fortune’s 50 Most Powerful Women from 2007 to 2019, one of the “Wall Street Top 50” and “Business 100” by Irish America Magazine and one of the “25 Most Powerful Women in Banking” by US Banker. Murphy continues to honor her Irish-Catholic heritage through her work and service, aligning with causes that value faith and family and was honored to receive an honorary doctorate degree from the University and College of Cork, Ireland. She is now pursuing a Master’s Degree in Theology from the University of Notre Dame.
In addition to her role on this board, Murphy is the Vice Chairman of the Board of Directors of the National Football Foundation and sits on the Board of Directors of the Markle Foundation. She currently lives in South Carolina with her husband George Hornyak and son Jack.