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New ceo at Morningstar

Morningstar has finally appointed a chief executive for its business after ousting Graham Rich from the job nearly two years ago.

Tuesday, April 8th 2003, 6:14AM
Morningstar has appointed chief operating officer Scott Cooley as chief executive for the Australian and New Zealand businesses effective immediately.

He fills the position left vacant when Graham Rich was asked to leave the company late 2001.

Cooley joined the Australian office from the US recently. Initially Cooley was appointed to replace Daisy Chee as head of research, as well as chief operating officer, in December last year.

In the US Cooley served as editor of Morningstar Mutual Funds and covered several of the industry's largest mutual funds, including those of Fidelity and Vanguard.

Morningstar Inc international division president, Bevin Desmond, in Australia for the announcement, said: "He has in-depth knowledge of Morningstar's products and capabilities, and I'm confident he'll be a great success working with our management team to bring all the benefits Morningstar has to offer to Australian and New Zealand investors and their advisers."

Rich is still involved in legal action with Morningstar regarding his dismissal.

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Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 7.14 6.75 6.39
ANZ 8.64 7.74 7.39 7.25
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BNZ - Green Home Loan top-ups - - - 1.00
BNZ - Mortgage One 8.69 - - -
BNZ - Rapid Repay 8.69 - - -
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BNZ - TotalMoney 8.69 - - -
CFML Loans 9.45 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 6.79 - -
Co-operative Bank - Owner Occ 8.40 6.99 6.79 6.65
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.49 7.29 7.15
Credit Union Auckland 7.70 - - -
First Credit Union Special - 7.45 7.35 -
First Credit Union Standard 8.50 7.99 7.85 -
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Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.60 7.40 -
HSBC Premier 8.59 - - -
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 7.85 7.05 6.69 6.59
Lender Flt 1yr 2yr 3yr
Kainga Ora 8.64 7.74 7.35 6.99
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 8.50 7.99 7.79 7.55
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 6.99 6.79 6.65
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Nelson Building Society 9.00 7.65 7.25 -
Pepper Money Advantage 10.49 - - -
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Resimac - LVR < 80% 8.84 8.09 7.59 7.29
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Resimac - LVR < 90% 9.84 9.09 8.59 8.29
Resimac - Specialist Clear (Alt Doc) - - 8.99 -
Resimac - Specialist Clear (Full Doc) - - 9.49 -
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SBS Bank Special - 7.14 ▼6.49 ▲6.35
SBS Construction lending for FHB - - - -
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Median 8.64 7.19 7.17 6.65

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