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Morningstar Investment Taps Lutschaunig as Prez

Morningstar has named Art Lutschaunig president of Morningstar Investment Services. The company said Lutschaunig will replace Thomas Florence, who is leaving the company at the end of the year to pursue other interests, but who will also remain in his current role as CIO. Formerly, Lutschaunig was executive VP and director of research for Strategic Advisers, a Fidelity Investments company.

Prior to that, he was VP for FMR Co., Fidelity's mutual fund management operation.