Vol 5. Issue 20 / June 20, 2005

Former Fidelity Investments Executive J. Gary Burkhead Joins Board

Retired Fidelity Investments executive J. Gary Burkhead of Palm Beach, Florida, has been elected to the Board of Trustees of The Scripps Research Institute.

"Gary brings a lifetime of invaluable professional experience to our board," said Scripps Research President Richard A. Lerner. "His leadership, wise counsel, and expertise in financial management will serve Scripps Research well in the coming years."

Prior to his retirement in 2000, Burkhead was vice chairman and a member of the Board of Directors of the parent company of Fidelity Investments, FMR Corporation. From October 1997 to January 2000, he was also president of Fidelity Personal Investments and Brokerage Group, then comprised of Fidelity's retail mutual fund and brokerage operations, related systems and processing groups, and institutional brokerage. Burkhead also served as president of Fidelity Institutional Group, Fidelity Management and Research Company (Fidelity's investment management organization), and Fidelity Investments Institutional Services Company, Inc.

A graduate of Columbia University and Harvard University Graduate School of Business, he was executive vice president of Equitable Life Assurance Society of the United States, as well as director of research and member of the Board of Smith Barney prior to joining Fidelity Investments. 

Burkhead's honors include a presidential appointment to serve as one of three U.S. members of the Business Advisory Council to the Asia Pacific Economic Cooperation nations. In addition, he has been a member of the Board of Directors of the Financial Analysts Federation and the Board of Trustees of the Institute of Chartered Financial Analysts. He has served on the Board of Directors of the New York Stock Exchange and the Securities Industry Association and is currently a trustee of Dana-Farber Cancer Institute.


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