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Monday, October 15, 2012

Mansueto "Really Is as Nice and Kind as He Seems"

News summary by MFWire's editors

Joe Mansueto got the full profile treatment from his adopted hometown paper this weekend.

The Chicago Tribune published a lengthy profile of the Morningstar chief, focusing not only on his mutual fund rating empire but also on his life with his wife and children in Chicago's Lincoln Park neighborhood.

Among the highlights?

Mansueto prefers not to sit on boards, saying he'd rather actually talk to people about ideas.

He also said he hated layoffs, saying they "don't fit with who we are as an organization." During the financial crisis, Mansueto cut bonuses and 401(k) match rather than layoff employees.

Overall, the story paints the picture of Mansueto as an all-around nice guy. It even quotes his wife, Rika as saying her husband "really is as nice and kind as he seems." 

Edited by: Ben Geier

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