FIA Names Fidelity Veteran As President
August 6, 2008
Fridson Investment Advisors said Tuesday that it named Drew E. Lawton its president. A 26-year veteran of the financial services industry, Lawton joins FIA after an 11-year career with Fidelity Investments, serving most recently as president of Pyramis Global Advisors Trust Company—Fidelity’s institutional investment arm.
Lawton will oversee U.S. activities at FIA, a research-driven investment management firm that specializes in corporate credit opportunities. FIA manages about $235 million worth of credit securities and was formed earlier this year. Prior to the creation of Pyramis in 2005, Lawton served as president and CEO of Fidelity Management Trust Co., overseeing Fidelity’s defined benefit and institutional trust and custody businesses.
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