PETER LYNCH
Peter Lynch is a member of
the Board of Trustees of the Fidelity Group of Funds. From May 1977 to May 1990, he was
the portfolio manager of Fidelitys Magellan Fund - which rose 28-fold per share for
the best performing fund in the world. In May 1977, Magellan was only $20 million in size.
By the time Mr. Lynch retired in 1990, it was over $14 billion and had over a million
shareholders, making it the largest equity fund in the world. In the last five years when
Magellan was the largest fund in the world, it outperformed 99% of all stock funds.
Mr. Lynch also was executive vice president and director of
Fidelity Management & Research Company, a managing director of FMR Corp. and a leader
of the Growth Group at Fidelity Investments. Author of the bestseller, One Up On Wall
Street, Mr. Lynch completed his second book in March of 1993. This book, Beating
The Street, remained # 1 on The New York Times best-seller list for 8 weeks and
is also published by Simon & Schuster. His first book was translated into Japanese,
Swedish, Korean, German, Spanish and French.
Prior to joining Fidelity Investments in 1969, Mr. Lynch
served as a lieutenant in the U.S. Army. He is a member and former director of the Boston
Society of Security Analysts. Mr. Lynch is a 1965 graduate of Boston College and a M.B.A.
graduate of the University of Pennsylvania-Wharton School of Business Administration.
Corporate Biography
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Fidelity Management & Research Company,
Vice-Chairman
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Fidelity Group of Funds, Trustee
Charitable & Cultural Functions
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AmeriCares: Advisory Board
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Catholic Schools Foundation Boston College:
Trustee
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John F. Kennedy Library Foundation: Trustee
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Library of Congress: Trust Fund Board
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Massachusetts General Hospital: Board of
Trustees
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Museum of Fine Arts: Trustee
Awards Received
National Business Hall of Fame, Fortune Magazine
Wall Street Week Hall of Fame, Wall Street Week with
Louis Rukeyser
Fellow, The American Academy of Arts and Sciences
The Outstanding Alumnus 1994, Wharton School of
Finance
Honorary Doctor, Boston College, Boston, MA
Honorary Doctor, Emmanuel College, Cambridge, MA
Honorary Doctor of Humane Letters, Loyola College,
Maryland
Honorary Doctor of Law, University of Massachusetts,
Boston, MA
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