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Morningstar CFO Calls It a Day

After helping to launch the research company's website and to lead its initial public offering, Martha Dustin Boudos will take on new responsibilit...
Stephen TaubMarch 6, 2007

Martha Dustin Boudos, chief financial officer of Morningstar since 2001, has resigned from her position but will remain with the company in “a new role.”

In a statement, she said she hoped to spend more time with her family.

Boudos “has made countless contributions to our success,” said chairman and chief executive officer Joe Mansueto, in a statement. “Martha is a brilliant leader and a valued member of our team.” Mansueto added that the company is still determining what her new responsibilities will be.

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The mutual fund and stock research company credited her with playing important roles in the creation of Morningstar.com, in the company’s 2005 initial public offering, and in its four recent acquisitions.

Boudos joined the company in 1992 as a marketing manager; from 1998 to 2000, she was responsible for Morningstar’s retirement advice business. Boudos was vice president of human resources until assuming the top finance job in 2001.