Morningstar Management
Management criteria checks 4/4
Morningstar's CEO is Kunal Kapoor, appointed in Jan 2017, has a tenure of 7.83 years. total yearly compensation is $7.28M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $38.71M. The average tenure of the management team and the board of directors is 7.6 years and 10.2 years respectively.
Key information
Kunal Kapoor
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 7.2% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 7.6yrs |
| Board average tenure | 10.2yrs |
Recent management updates
Recent updates
Why Retail Investors Might Be Interested In Morningstar
Nov 19There's Reason For Concern Over Morningstar, Inc.'s (NASDAQ:MORN) Price
Oct 08
Morningstar Stock: Perpetually Overvalued
Sep 24Morningstar: Still Holding Up Well, But No Investment
Jul 16Morningstar, Inc. (NASDAQ:MORN) Not Lagging Industry On Growth Or Pricing
Jun 17Morningstar, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Mar 03Morningstar: Watching Out For Q4 Earnings
Feb 22The Price Is Right For Morningstar, Inc. (NASDAQ:MORN)
Jan 08Morningstar declares $0.36 dividend
Oct 07Morningstar: Wait For A Pullback
Sep 23Morningstar: The Problem Is Still The Valuation
Jul 12Morningstar - Not A Star Here
Apr 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$327m |
| Jun 30 2024 | n/a | n/a | US$246m |
| Mar 31 2024 | n/a | n/a | US$213m |
| Dec 31 2023 | US$7m | US$525k | US$141m |
| Sep 30 2023 | n/a | n/a | US$71m |
| Jun 30 2023 | n/a | n/a | US$23m |
| Mar 31 2023 | n/a | n/a | US$17m |
| Dec 31 2022 | US$6m | US$500k | US$71m |
| Sep 30 2022 | n/a | n/a | US$124m |
| Jun 30 2022 | n/a | n/a | US$182m |
| Mar 31 2022 | n/a | n/a | US$185m |
| Dec 31 2021 | US$6m | US$500k | US$193m |
| Sep 30 2021 | n/a | n/a | US$212m |
| Jun 30 2021 | n/a | n/a | US$239m |
| Mar 31 2021 | n/a | n/a | US$255m |
| Dec 31 2020 | US$8m | US$400k | US$224m |
| Sep 30 2020 | n/a | n/a | US$176m |
| Jun 30 2020 | n/a | n/a | US$149m |
| Mar 31 2020 | n/a | n/a | US$143m |
| Dec 31 2019 | US$4m | US$400k | US$152m |
| Sep 30 2019 | n/a | n/a | US$167m |
| Jun 30 2019 | n/a | n/a | US$175m |
| Mar 31 2019 | n/a | n/a | US$174m |
| Dec 31 2018 | US$3m | US$388k | US$183m |
| Sep 30 2018 | n/a | n/a | US$180m |
| Jun 30 2018 | n/a | n/a | US$157m |
| Mar 31 2018 | n/a | n/a | US$161m |
| Dec 31 2017 | US$5m | US$350k | US$137m |
Compensation vs Market: Kunal's total compensation ($USD7.28M) is below average for companies of similar size in the US market ($USD12.74M).
Compensation vs Earnings: Kunal's compensation has been consistent with company performance over the past year.
CEO
Kunal Kapoor (49 yo)
7.8yrs
Tenure
US$7,277,421
Compensation
Mr. Kunal Kapoor, CFA has been Chief Executive Officer of Morningstar, Inc. since January 1, 2017 and served as its President since October 2015. Mr. Kapoor is responsible for product development and innov...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman of the Board | 40.5yrs | US$105.25k | 35.81% $ 5.1b | |
| CEO & Director | 7.8yrs | US$7.28m | 0.27% $ 38.7m | |
| Chief Financial Officer | 7.3yrs | US$2.69m | 0.037% $ 5.4m | |
| Chief Revenue Officer | 7.8yrs | US$1.98m | 0.025% $ 3.5m | |
| Principal Accounting Officer | less than a year | no data | 0.00047% $ 67.5k | |
| Director of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | no data | no data | no data | |
| Senior Manager of Media Relations | no data | no data | no data | |
| Head of Global Sales | no data | no data | no data | |
| Chief People Officer | 1.8yrs | no data | no data | |
| Chief Design Officer | no data | US$346.96k | no data | |
| Head of Investment Methodology & Economic Research | 18.8yrs | US$1.11m | no data |
7.6yrs
Average Tenure
51yo
Average Age
Experienced Management: MORN's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman of the Board | 40.5yrs | US$105.25k | 35.81% $ 5.1b | |
| CEO & Director | 7.8yrs | US$7.28m | 0.27% $ 38.7m | |
| Director | 4.9yrs | US$224.87k | 0.0072% $ 1.0m | |
| Independent Director | 17.2yrs | US$239.87k | 0.042% $ 6.1m | |
| Independent Director | 22.3yrs | US$249.87k | 0.079% $ 11.3m | |
| Independent Director | 25.3yrs | US$239.87k | 0.093% $ 13.4m | |
| Independent Director | 11.5yrs | US$229.87k | 0.010% $ 1.5m | |
| Independent Director | 8.9yrs | US$224.87k | 0.019% $ 2.7m | |
| Independent Director | 7.5yrs | US$224.87k | 0.0058% $ 831.5k | |
| Independent Director | 3.5yrs | US$224.87k | 0.0041% $ 590.2k |
10.2yrs
Average Tenure
66yo
Average Age
Experienced Board: MORN's board of directors are seasoned and experienced ( 10.2 years average tenure).