Cheryl Francis was elected to the board of directors of Morningstar in 2002. She has been co-chairman, Corporate Leadership Center, since August 2008 and vice-chairman from 2002 to August 2008. She has been an independent business and financial advisor since 2000. From 1995 to 2000, she served as executive vice president and chief financial officer for R.R. Donnelley & Sons Company, a print media company. She currently serves as a member of the board of directors of HNI Corporation and Aon Corporation. Francis holds a bachelor's degree from Cornell University and a master's degree in business administration from the University of Chicago Graduate School of Business.