|By PR Newswire||
|February 20, 2014 07:13 PM EST||
CHICAGO, Feb. 20, 2014 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that Heather Brilliant, CFA, currently global director of equity and corporate credit research, and Mark Roomans, currently chief operating officer of Morningstar Europe, have been named co-chief executive officers of Morningstar Australasia Pty Limited in Sydney, effective April 1. Anthony Serhan, CFA, currently chief executive officer of Morningstar Australasia, has been named managing director of research strategy, Asia-Pacific for Morningstar's global Research group. Brilliant and Roomans will manage the business together throughout 2014, and Brilliant will become sole CEO in 2015.
"Heather and Mark have proven expertise in driving business strategy and growth and in leading teams," Joe Mansueto, Morningstar's chairman and CEO, said. "Heather has led our equity and credit analyst team for the last few years, managing more than 100 analysts across five offices around the world, including our Australian analysts. She's a strong investor advocate and an outstanding leader. Mark has experience with nearly all of our global markets through various roles during his tenure."
Mansueto added, "Anthony's knowledge and experience developing and managing research products and services will be a tremendous asset as we expand our research thought leadership for investors in the Asia-Pacific region."
Before joining Morningstar 10 years ago, Brilliant spent several years as an equity research analyst for boutique investment firms. She holds a bachelor's degree in economics from Northwestern University and a master's degree in business administration from the University of Chicago Booth School of Business. She also holds the Chartered Financial Analyst® designation. Brilliant is a member of the CFA Institute Board of Governors and is a past chairman of the CFA Society of Chicago. Crain's Chicago Business recently named Brilliant to its 2013 40 Under 40 class, a list of professionals from a variety of industries who are proven leaders in their field.
Roomans will continue to serve as chief operating officer of Morningstar Europe, in addition to his role as co-CEO of Morningstar Australasia. He previously served as head of new markets, establishing Morningstar's operations in Mexico, Chile, Brazil, and the United Arab Emirates, and has been CEO of Morningstar Spain and Morningstar Switzerland. He has been with Morningstar for 13 years.
Serhan will focus on research and analysis on Asia-Pacific securities markets, economic and financial trends, and investment themes. He has served as chief executive officer of Morningstar Australasia since 2010 and was previously managing director of Ibbotson Associates Australia, a Morningstar company. Serhan joined Morningstar in 2003. He holds the Chartered Financial Analyst® designation and is also a director and vice president of the CFA Society of Sydney.
About Morningstar Australasia Pty Limited and Morningstar, Inc.
Morningstar Australasia Pty Limited is a subsidiary of Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on approximately 446,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 10 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and had approximately $159 billion in assets under advisement and management as of Dec. 31, 2013. The company has operations in 27 countries.
©2014 Morningstar, Inc. All Rights Reserved.
SOURCE Morningstar, Inc.
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