Morningstar chief steps down

morningstar private equity chief executive

29 January 2010
| By Caroline Munro |

Morningstar’s chief executive Andrew Bird is stepping down at the end of March to take on an advisory role.

Bird joined Morningstar in 2006 following the research company’s acquisition of Aspect Huntley, which he had founded in 2003.

Bird led the integration process of the two companies and said that now that has been achieved he would like to pay more attention to interests outside of Morningstar. One of those interests is family investment firm, Waimarie Investments, which was formed in 2006. The firm has a focus on private equity and early stage investments in technology and information businesses.

Morningstar stated it is on the lookout for Bird’s replacement.

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