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May 10, 2024

PitchBook

PitchBook, a financial data and software company, announced that John Gabbert will be stepping down as chief executive officer. Gabbert will work closely with Morningstar CEO Kunal Kapoor over the next several weeks to appoint his successor. In the meantime, Rod Diefendorf, PitchBook chief operating officer, and PitchBook's executive leadership team will assume management responsibilities. Gabbert founded PitchBook in 2007 with a vision for providing transparency into the global private capital markets through data, research and tools. He established proprietary data operations processes to collect and verify hard-to-find financial datasets across private equity, venture capital, and M&A markets. Building on this foundation, PitchBook then introduced news and institutional research as well as a suite of workflow and analysis tools, which today create the PitchBook Platform. In 2016, Morningstar acquired PitchBook, which now operates as an independent subsidiary. Morningstar also acquired LCD in 2022 and integrated it into the PitchBook Platform. PitchBook, with U.S. headquarters in Seattle, operates globally with more than 3,000 team members.




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