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Fidelity Investments Names Reynolds Its Operating Chief

BOSTON -- Fidelity Investments, the largest U.S. mutual-fund company, said it named Robert L. Reynolds as its chief operating officer, replacing James C. Curvey.

Mr. Curvey, 65 years old, who has served as Fidelity's operating chief and president for the past three years, also will relinquish his title as president, the company said. The position won't be filled.