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Vickie Tillman Named President Of Morningstar Credit Ratings, LLC

CHICAGO, Aug. 29, 2013 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN) today announced that Vickie Tillman will join the company as president of Morningstar Credit Ratings, LLC on Sept. 3. Tillman will lead the day-to-day operations of the structured credit research and ratings business, reporting to Haywood Kelly, Morningstar's senior vice president of equity and credit research, who has served as interim president of the unit since November 2012.

"Vickie brings a wealth of experience to Morningstar," Kelly said. "Her analytical skills, coupled with her strategic management, global expansion, and product development expertise, will be an excellent addition to our strong team. I look forward to working with Vickie to continue building our ratings and research offerings."

"I'm excited to join Morningstar's structured credit team and become part of the company's efforts to bring transparency to the industry and help investors understand and evaluate investments in this space," Tillman said. "I was attracted to Morningstar because of the company's distinctive investor focus, high-quality research and analytics, and unique business model."

Tillman most recently served as senior vice president of global strategy—sustainability for the McGraw-Hill Global Strategy Group at McGraw-Hill Companies. She joined McGraw-Hill Companies in 1977 and worked for more than 30 years in various positions for its Standard & Poor's Ratings Services business. Tillman holds a master's degree in public and international affairs and a bachelor's degree in communications from the University of Pittsburgh.

About Morningstar Credit Ratings, LLC and Morningstar, Inc.

Morningstar Credit Ratings, LLC is a Nationally Recognized Statistical Rating Organization (NRSRO) that specializes in structured credit research and ratings, including commercial mortgage-backed securities (CMBS). Morningstar Credit Ratings offers a wide array of services including new-issue ratings and analysis, operational risk assessments, surveillance services, data, and technology solutions.

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