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Technology > Marketing Technology

Morningstar Names New Tech, Data Chiefs

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Morningstar on Monday named Mitch Shue as its new chief technology officer and James Rhodes as chief data officer, just in time to help fill the Chicago-based research company’s new 29,000 square feet of space for its technology employees.

Shue, who will execute Morningstar’s long-term technology vision, joined Morningstar in 2014 through the company’s acquisition of HelloWallet, where he served as chief technology officer.

Prior to HelloWallet, Shue was vice president of engineering at Centrifuge Systems, developing interactive data visualization solutions, and previously led the graphic design, engineering, and data center teams at webs.com and served as vice president of product development at webMethods.

Rhodes will focus on Morningstar’s data technology strategy, including data collection, processing and storage. He previously served as chief technology officer and partner at Rocaton Investment Advisors, LLC, where he drove the company’s technical vision and oversaw the software engineering team.

He also spent 13 years at IBM Research, where he led the financial modeling research efforts of IBM’s Global Services business units.

“Mitch’s and James’ appointments to Morningstar’s leadership team help strengthen our commitment to technology, one of our core competencies,” said Morningstar President Kunal Kapoor in a statement. “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.”

Morningstar’s recently expanded headquarters includes a new floor to accommodate approximately 185 employees and is designed for the working needs of Morningstar’s engineers, user experience designers, and product management teams, the Chicago-based fund research firms said. Features include mobile workstations for Agile software development, integrated audio/visual elements throughout the space, and dedicated stand-up and casual meeting areas.

Morningstar plans to host its inaugural FinTech Forum in its newly designed space on Nov. 10, bringing together thought leaders in financial technology and Big Data for a panel discussion about challenges and opportunities in the industry.


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