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Lawson to step down at Fidelity

Fidelity Investments president Rodger Lawson said he plans to retire from his position at the privately held financial services and mutual fund company at the end of the first quarter.

It isn't clear who will succeed Lawson. The company is searching from within, and it is likely it will choose from its own management team, Lawson said. The company could forgo giving someone the president's title, as it has done before.

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