Liz Kirscher is leaving her post as presidnet of research firm Morningstar's data division. A replacement has not been named.

Her departure takes place in June.

Kirscher, 47, joined Morningstar in 1995 as a member of the company's institutional sales team. She served as international product manager from 1998 to 1999 and helped launch Morningstar's business in Japan. From 1999 to 2000, she was director of sales and business development for She has led the company's Data division since 2000.

"After 17 years, it's hard to imagine Morningstar without her, but she has built a world-class data operation and leaves us in a strong position," said Joe Mansueto, chairman and CEO of Morningstar.

Morningstar is "a family I've been part of longer than my marriage and my kids, and I love it here,'' Kirscher said. "The main driver of my decision is the opportunity to spend more time with my parents, my husband, and my children.''


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