Morningstar is a leading provider of independent investment insights in North America, Europe, Australia and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors and institutional investors in the debt and private capital markets. Committed to empowering investor success, Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $286 billion in assets under advisement and management.
Morningstar was founded in 1984 by current Chairman of the Board of Directors Joe Manseuto. While working as an analyst, Joe thought it was unfair that people did not have access to the same information as financial professionals. So, he hired a few people and set up shop in his apartment with the revolutionary idea of delivering high-quality investment research to everyone. In naming his new company, Joe was inspired by the last line of Henry David Thoreau's Walden, "The sun is but a morning star." In 1999, the company received investment from SoftBank and expanded its presence internationally and went public in 2005. Morningstar also grew by acquiring and adding adjacent businesses into its product offerings, which now include Morningstar Direct, Pitchbook, Wealth Platform, Advisor Workstation, Sustainalytics, Managed Accounts, Morningstar Office, DBRS Credit Ratings, Credit Analytics and Morningstar Investor.
The company remains headquartered where it was founded in Chicago, Illinois, but now it has more than 11,000 employees globally and operates through wholly- or majority-owned subsidiaries in 32 countries. The company had 2023 revenue of $2 billion and remains publicly traded on the NASDAQ as MORN, with a market cap of more than $13 billion.
Morningstar's mission to empower investor success is what drives employees forward and shapes the organizational culture. This mission-driven, highly collaborative culture ensures employees' talents are recognized and can drive change. Across offices worldwide, the company is invested in fostering a community where voices are heard, ideas matter and contributions are rewarded. The unique Morningstar Development Program helps employees expand their skills in every direction and ensures growth is not left to chance.
Position Description
Morningstar is a growth-minded company, having quickly scaled to $2 billion in revenue with aspirations to accelerate its pace of growth to $3 billion and beyond. Aligning the business strategy with a cohesive and market-sensitive people strategy is critical to scale, and Morningstar is hiring a Global Head of Business Partners, People & Culture to support this ongoing alignment. In this role, you will report directly to Chief People Officer Marie Trzupek Lynch and lead the Global People and Culture (P&C) Business Partner team. The People and Culture team recently completed and is delivering on a three-year strategic HR plan, which the Global Head of Business Partners, People and Culture will be expected to lead, engaging the Business Partner team to achieve its goals.
As the Global Head of Business Partners, People and Culture, you will be an influential leader and act as a champion of Morningstar's culture, people and philosophies. As the lead of the function, you will drive change and lead the global business partners to promote an engaged, inclusive and high-performing culture across business units and functions while supporting the business leaders to achieve profitable growth. This leader will evaluate the structure and capabilities of the team to ensure business objectives and leaders are being supported in a strategic and thoughtful way while also evaluating the overall business partner design across the globe for scalability and efficiency. You will help ensure Morningstar's people programs and processes are reliable, consistent, impactful and effective across geographies and business units.
The ideal candidate will be a highly collaborative leader who can form relationships and work through influence across a global, highly matrixed, nonhierarchical organization. You should have a depth of experience across multifunctional areas of HR, with the ability to support leaders across the business by directly aligning people programs with business needs. The ideal leader will have proven experience leading a global business partner function or a demonstrated background of increasing responsibility leading and managing an HR function that has a global reach. You should also have connection and a personal alignment with Morningstar's mission to empower investor success.
Position Location: Chicago, Illinois (hybrid model with three days per week in office)
Key Accountabilities
Knowledge Base and Experience
Professional and Cultural Characteristics
Qualifications and Compensation
Morningstar has retained Hanold Associates for this Global Head of Business Partners, People and Culture search.
001_MstarInc Morningstar Inc. Legal EntityMorningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We've found that we're at our best when we're purposely together on a regular basis, at least three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
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