Fidelity Investments [see profile] is making some changes to its management team. InvestmentNews reports that Tony Ryan, chief administrative officer, has left the firm, and Jack Callahan, executive vice president of sales for Fidelity's Workplace Investing (i.e corporate retirement plan unit), is leaving at the end of the month.

Ryan, who left “in recent weeks,” will be replaced by various executives at the firm, a spokesman at Fidelity told the pub. He reported to Ronald O'Hanley, who took over as president of asset management last May. Previously, Ryan worked at the U.S. Treasury Department under Secretary Henry Paulson from 2006 to 2009.

Callahan, who is retiring after 19 years at the firm, will be replaced by Steve Patterson, head of relationship management in workplace investing. Callahan reported to Jeffrey Lagarce, executive vice president for workplace investing. 

Edited by: Hung Tran


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