Morningstar Australia and New Zealand co-chief executive Scott Cooley will return to Chicago to assume the role of chief financial officer (CFO) of Morningstar Inc, the US-based investment research company announced today.
Effective August 10, Cooley will take the reins from Martha Dustin Boudos who has served as CFO since 2001.
"Scott is an 11-year veteran of Morningstar who has continuously demonstrated his strong leadership ability in each role he has undertaken in the company," Morningstar Inc chairman and chief executive Joe Mansueto said.
"Most recently as co-CEO for Morningstar Australia, Scott has contributed to the significant growth of those operations and led the groups through the successful acquisition of Aspect Huntley."
Cooley joined Morningstar in 1996. Formerly the editor of Morningstar, Inc's flagship print product, Morningstar Mutual Funds, Cooley was a senior manager for the company's US website, www.morningstar.com, the lead fund analyst for Fidelity, Vanguard, and Oakmark funds, and a stock analyst. Cooley became CEO of Morningstar Australia and Morningstar New Zealand in 2003 and then co-CEO with Andrew Bird following the acquisition of Aspect Huntley in July 2006.
Bird will assume control of Morningstar's Australian and New Zealand operations.
Morningstar, Inc. is a leading provider of independent investment research in the United States and in major international markets. Morningstar Australia is the parent company of InvestorInfo, publisher of InvestorDaily.
