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
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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