Investment research provider Morningstar Inc. (NASDAQ: MORN) today announced that Mitch Shue was promoted to serve as the company’s new Chief Technology Officer. The independent provider has also selected James Rhodes as its newest chief data officer.
Strongly regarded as an IT professional with several years of experience, Shue appointment is expected to help usher Morningstar’s solutions to the next level while also developing a technology roadmap that will oversee the company’s long term technology vision and direction.
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Mitch first landed at Morningstar in 2014 following the company’s acquisition of HelloWallet, where he originally served as CTO. Mr. Shue’s career encompasses other senior roles including Vice President of Engineering at Centrifuge Systems and head of data center teams at webs.com. He also served as vice president of product development at webMethods.
Morningstar also announced the appointment of James Rhodes as its newest chief data officer where will be assuming a new leadership role in the development of the company’s data technology strategy. He joins the research provider, which also offers investment management services, from Rocaton Investment Advisors, having served as co-head of the company’s technical vision and engineering team. Prior to this position, Mr. Rhodes spent more than 13 years at IBM Research, where he led the financial modeling research efforts of the company’s global services business units.
Announcing the appointment, Kunal Kapoor, Morningstar’s CEO, said: “Mitch’s and James’ appointments to Morningstar’s leadership team help strengthen our commitment to technology, one of our core competencies. Their expertise will prove invaluable as global demand for our independent research and data continues to increase in light of evolving regulations and industry standards. We’re committed to continuous technological innovation to best help investors reach their financial goals.”