Morningstar Credit Ratings, LLC President Vickie Tillman to Retire by Year-End
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"It has been my pleasure to serve as president of Morningstar Credit Ratings over the past five years," said Tillman. "I am confident in the current team of analytical and business leaders that make up the credit ratings business today, and feel strongly that this is the right time to hand over the reins to new leadership that can take the organization to even greater heights."
Morningstar hired Tillman in 2013 due to her deep knowledge of the credit ratings business, along with a clear and concise vision for how to turn a small niche provider of commercial mortgage-backed securities (CMBS) ratings to a diversified credit rating agency. Her 40 years of experience and extensive knowledge of the credit ratings business and the global regulatory environment has been instrumental to Morningstar's expansion across multiple credit markets including residential mortgage-backed securities (RMBS), single-family rental securities, asset-backed securities (ABS), collateralized loan obligations (CLOs), and most recently, corporate, real estate investment trusts (REIT), and financial institution ratings.
"Vickie's extraordinary vision has transformed Morningstar Credit Ratings into a diversified agency that's focused on excellence in quality, client service, and integrity," said
Tillman's accomplishments during her five-year tenure include: leading the credit ratings expansion beyond Morningstar's roots in CMBS to a broader focus in structured finance, launching ratings for ABS, CLOs, and single-family rental securities, applying for and gaining the nationally recognized statistical rating organization (NRSRO) designation from the
Morningstar is actively conducting a search for Tillman's replacement.
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