Penny Pennington
{{short description|American businesswoman (born 1963)}}
{{Infobox person
| name = Penny Pennington
| image = Penny Pennington-EJI.jpg
| caption = Penny Pennington, Managing Partner, Edward Jones Investments
| birth_name =
| birth_date = {{Birth date and age|1963|10|24}}
| birth_place = Nashville, Tennessee, U.S.
| death_date =
| death_place =
| death_cause =
| restingplace =
| nationality =
| education = University of Virginia (BA)
Northwestern University (MBA)
| occupation = Businesswoman
| title = Managing partner of Edward Jones Investments
| term = January 2019-present
| successor =
| known for = Currently the only woman to lead a major US brokerage firm{{cite web |last1=Beilfuss |first1=Lisa |title=Edward Jones Taps Penny Pennington to Lead Brokerage |url=https://www.wsj.com/articles/edward-jones-taps-penny-pennington-to-lead-brokerage-1525806116 |publisher=WSJ |accessdate=1 April 2019 |date=8 May 2018}}
| boards =
| spouse = Mike Fidler
| children = 2
| parents =
| relations =
| website =
}}
Penny Pennington (born October 24, 1963) is an American businesswoman serving since 2019 as the managing partner of Edward Jones Investments.
Early life and education
Penny Pennington was born in Nashville, Tennessee.{{Cite web|url=https://www.stltoday.com/business/local/edward-jones-new-leader-penny-pennington-there-are-many-more/article_0c5a314f-dbae-54eb-b9cf-de8d70fcc198.html|title=Edward Jones' new leader Penny Pennington: 'There are many more places to grow'|last=Feldt|first=Brian|website=stltoday.com|date=12 May 2018 |language=en|access-date=2019-03-20}} 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.{{Cite web|url=https://www.wealthmanagement.com/people/ten-watch-2019-0|title=The Ten to Watch in 2019|date=2018-11-05|website=Wealth Management|access-date=2019-03-20}}
Career
Pennington started her career with Edward Jones Investments in 2000 as a financial advisor in Livonia, Michigan.{{Cite web|url=https://www.fa-mag.com/news/penny-pennington-named-to-succeed-edward-jones--managing-partner-38591.html|title=Penny Pennington Named To Succeed Edward Jones' Managing Partner|website=www.fa-mag.com|access-date=2019-03-12}} She was named a principal and moved to the company's St. Louis, Missouri headquarters in 2006.{{Cite web|url=https://www.barrons.com/articles/penningtons-plan-for-edward-jones-steady-on-1525807805|title=Pennington's Plan for Edward Jones: Steady On|last=Garmhausen|first=Steve|website=www.barrons.com|language=en-US|access-date=2019-03-12}} 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.{{Cite web|url=https://www.stltoday.com/business/local/edward-jones-new-leader-penny-pennington-there-are-many-more/article_0c5a314f-dbae-54eb-b9cf-de8d70fcc198.html|title=Edward Jones' new leader Penny Pennington: 'There are many more places to grow'|last=Feldt|first=Brian|website=stltoday.com|date=12 May 2018 |language=en|access-date=2019-03-12}}
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.
Pennington is a member of The Business Council.{{Cite web |last=Admin |title=Member List |url=https://businesscouncil.com/member-list/ |access-date=2025-07-02 |website=The Business Council |language=en-US}} She was ranked 69th on Fortune
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 and Whitaker Foundation.{{Cite web|url=http://www.diversitywoman.com/conference/portfolio_page/penny-pennington/|title=Diversity Woman {{!}} Penny Pennington, Edward Jones|language=en-US|access-date=2019-03-26}} She is also a co-chair of the Forest Park Forever 2019 Women's Committee and 29th Annual Hat Luncheon.{{Cite web|url=https://www.forestparkforever.org/news/2019/forest-park-forever-proudly-announces-its-2019-womens-committee-and-hat-luncheon-co-chairs-1|title=Forest Park Forever Proudly Announces Its 2019 Women's Committee and Hat Luncheon Co-Chairs|website=Forest Park Forever|date=15 January 2019 |language=en-US|access-date=2019-03-26}} Pennington also is on the boards of the Federal Reserve Bank of St. Louis,{{cite news |last=Edwards |first=Greg |date=October 21, 2020 |title=Fortune names Edward Jones CEO Penny Pennington among its 'most powerful women in business' |publisher=St. Louis Business Journal |url=https://www.bizjournals.com/stlouis/news/2020/10/21/edward-jones-ceo-among-fortune-most-powerful-women.html |quote=Pennington serves on the boards of the Federal Reserve Bank of St. Louis, United Way of Greater St. Louis, the Donald Danforth Plant Science Center, the Whitaker Foundation, Shakespeare Festival St. Louis, and Saint Louis Fashion Fund. |accessdate=March 21, 2022}} the Washington University in St. Louis Board of Trustees{{cite news |title=Penny Pennington |work=International Business Times |url=https://www.ibtimes.com/profile/penny-pennington |quote=She is an active member of the St. Louis community, serving on the boards of the Federal Reserve Bank of St. Louis, United Way of Greater St. Louis, the Donald Danforth Plant Science Center, Washington University in St. Louis Board of Trustees, the Whitaker Foundation and executive committee of the Chair's Council for Greater St. Louis, Inc. |accessdate=March 21, 2022}} and the Executive Committee of the Chair’s Council for Greater St. Louis.
Personal life
Pennington is married to Mike Fidler and they have two grown children.{{Cite web|url=https://www.stlmag.com/api/content/fc5d2b9c-f875-11e6-b612-0aea2a882f79/|title=Dancing with the St. Louis Stars|date=2017-02-21|website=www.stlmag.com|language=en-us|access-date=2019-03-26}}
References
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Category:21st-century American businesswomen
Category:21st-century American businesspeople
Category:American financial businesspeople
Category:McIntire School of Commerce alumni