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Jan. 9, 2013 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced two senior management changes.
Scott Cooley, chief financial officer, will be stepping down from his role this year. The company expects him to remain chief financial officer until Morningstar names a replacement. Cooley, 44, has served as Morningstar's chief financial officer since 2007. In addition,
James Tanner, 52, has joined Morningstar as global head of business development and sales.
Joe Mansueto, chairman and chief executive officer of Morningstar, said, "Scott came to Morningstar as a stock analyst 17 years ago and has held many leadership roles within the firm. He has done a superb job as CFO. I hate to see him leave this post, but I understand that he is ready for a new challenge. Scott is considering several options, including going back to school to pursue a doctorate or staying with Morningstar in a research capacity. He's going to take some time to think about the next chapter in his life, which I hope will include a role at Morningstar."