Cybersecurity industry veteran Adam Ely is the new Chief Information Security Officer (CISO) at Fidelity Investments.
Ely, a technology executive who held security leadership roles at Walmart, Saleforce Heroku and TiVo, is joining Boston, Mass.-based Fidelity to lead one of the world’s largest asset management and retail trading firms.
With more than 50,000 employees, the Fidelity brand is synonymous with enterprise 401(k) programs throughout the United States. The company has more than 83 million total customer accounts and $10.4 trillion in assets under administration. In 2018 it launched its Fidelity Digital Assets unit to provide products and services to institutions investing in Bitcoin and other digital assets.
Ely was most recently Vice President and Deputy CISO at Walmart, the largest employer in the world. Prior to Walmart, Ely founded mobile security startup Bluebox, and was an active security practitioner in the early days of the security industry, including security leadership roles within The Walt Disney Company, where he was responsible for security operations and application security of Disney web properties.
Ely also serves as an advisor to companies ranging from startups to Fortune 500, as an advisor to Florida State University, and founded the CISO Fund non-profit to support cybersecurity education and careers.
Ely was a SecurityWeek industry contributor during his days at Bluebox.
The addition of Ely to the security leadership bench at Fidelity follows a trend of practitioners taking on senior leadership roles at major companies.
Earlier this year, Ely’s Bluebox co-founder Caleb Sima was tapped to lead security at mobile stock trading startup Robinhood. Reddit also recently snagged Bank of America security executive Allison Miller to be its CISO.