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Fidelity CEO Abigail Johnson to employees: ‘no tolerance’ for workplace sexual harassment

Fidelity Investments chief executive Abigail Johnson (right) at a recent HUBweek event.Suzanne Kreiter/Globe Staff/File

Fidelity Investments employees were greeted Monday morning by a stern warning from CEO Abigail Johnson, who told staff in a video message that the firm has “no tolerance at our company for any type of harassment.”

A transcript of Johnson’s message, which employees saw when they logged on to their computers, was obtained by the Globe. It comes after the Boston-based financial services giant recently hired a consulting firm to investigate whether the culture of its stock-picking division is hostile to female employees.

“We simply will not, and do not tolerate this type of behavior, from anyone,” Johnson said in the video. “When allegations of these sorts are brought to our attention, we investigate them promptly and take appropriate action. This is an extremely important issue for me and the leadership team and one that should be very important to each and every associate.”


Earlier this month, Fidelity forced out C. Robert Chow, 56, for allegedly making sexually inappropriate comments, and in September pushed out tech fund manager Gavin Baker amid accusations of sexual harassment.

In Monday’s video message, Johnson said she expects the company to foster a work environment “where all associates are treated with courtesy, compassion and respect.”

“I expect when issues occur, associates will raise them, so we can fix them and make sure they don’t happen again. Together, we own our culture and the experience of our associates and we should be very proud of both! Thank you for everything you do every day on behalf of our customers and for ensuring that we remain a talent destination and a great place to work.”

Travis Andersen can be reached at Follow him on Twitter @TAGlobe.