Penny Pennington

Penny Pennington (born October 24, 1963) is an American businesswoman. She became the managing partner of Edward Jones Investments as of January 1, 2019.[1]

Penny Pennington
Born (1963-10-24) October 24, 1963
Nashville, Tennessee
NationalityAmerican
EducationBA University of Virginia
MBA Kellogg School of Management
Alma materUniversity of Virginia
Northwestern University
OccupationBusinesswoman
Known forCurrently the only woman to lead a major US brokerage firm[1]
TitleManaging partner of Edward Jones Investments
TermJanuary 2019-present
Spouse(s)Mike Fidler
Children2

Early life and education

Penny Pennington was born in Nashville, Tennessee.[2] She received a bachelor's degree in commerce with a concentration in finance from the University of Virginia and an MBA from Kellogg School of Management at Northwestern University.[3]

Career

Pennington started her career with Edward Jones Investments in 2000 as a financial advisor in Livonia, Michigan.[4] She was named a principal and moved to the company's St. Louis, Missouri headquarters in 2006.[5] After her move to St. Louis, Pennington took on several senior leadership roles at Edward Jones. She served as a board member on the Edward Jones Trust Co. and on the executive, management and audit committees. Beginning in 2015, she was head of the client strategies group; overseeing products/services delivered to clients and research, trading and marketing.[6]

Pennington is on the board of the Edward Jones Trust Company, a member of Edward Jones’ executive, management and audit committees and she is a senior executive sponsor of the firm's lesbian, gay, bisexual, transgender and ally (LGBTA) Business Resource Group.[4]

Philanthropy

Pennington is on the boards of Donald Danforth Plant Science Center; Shakespeare Festival St. Louis; Saint Louis Fashion Fund; United Way of Greater St. Louis [5] and Whitaker Foundation.[7] She is also a co-chair of the Forest Park Forever 2019 Women's Committee and 29th Annual Hat Luncheon.[8]

Personal life

Pennington is married to Mike Fidler and they have two grown children.[9]

References
  1. Beilfuss, Lisa (8 May 2018). "Edward Jones Taps Penny Pennington to Lead Brokerage". WSJ. Retrieved 1 April 2019.
  2. Feldt, Brian. "Edward Jones' new leader Penny Pennington: 'There are many more places to grow'". stltoday.com. Retrieved 2019-03-20.
  3. "The Ten to Watch in 2019". Wealth Management. 2018-11-05. Retrieved 2019-03-20.
  4. "Penny Pennington Named To Succeed Edward Jones' Managing Partner". www.fa-mag.com. Retrieved 2019-03-12.
  5. Garmhausen, Steve. "Pennington's Plan for Edward Jones: Steady On". www.barrons.com. Retrieved 2019-03-12.
  6. Feldt, Brian. "Edward Jones' new leader Penny Pennington: 'There are many more places to grow'". stltoday.com. Retrieved 2019-03-12.
  7. "Diversity Woman | Penny Pennington, Edward Jones". Retrieved 2019-03-26.
  8. "Forest Park Forever Proudly Announces Its 2019 Women's Committee and Hat Luncheon Co-Chairs". Forest Park Forever. Retrieved 2019-03-26.
  9. "Dancing with the St. Louis Stars". www.stlmag.com. 2017-02-21. Retrieved 2019-03-26.
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