Kunal Kapoor is Chief Executive Officer of Morningstar, Inc. (MORN). The company reported total compensation of $9,070,695 for fiscal year 2025.
| Salary | $650,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $6,251,743 |
| Option awards | $0 |
| Non-equity incentive plan | $2,150,577 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $18,375 |
| Total | $9,070,695 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Morningstar, Inc. filed March 27, 2026, accession 0001193125-26-129081.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer | $650,000 | $0 | $6,251,743 | $0 | $2,150,577 | $0 | $18,375 | $9,070,695 |
| FY2024 | Chief Executive Officer | $525,000 | — | $5,818,054 | — | $2,275,320 | — | $17,251 | $8,635,625 |
| FY2023 | Chief Executive Officer | $525,000 | $0 | $5,199,571 | $0 | $1,535,975 | $0 | $16,875 | $7,277,421 |
Totals as disclosed in each year's own compensation disclosure for Morningstar, Inc..
| Peer-group chief executive median | $14,574,496 |
|---|---|
| Difference from that median | $-5,503,801 |
| Percentile within the disclosed peer group | 27th |
| Peers with a disclosed figure | 13 |
Medians and percentiles are computed across the peer group Morningstar, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Kunal Kapoor this page | Chief Executive Officer | $9,070,695 |
| Michael Holt | Chief Financial Officer | $2,470,209 |
| Danny Dunn | Former Chief Revenue Officer | $1,435,351 |
| Joe Mansueto | Executive Chairman | $105,250 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Morningstar, Inc. compensation brief.
Kunal Kapoor's compensation sits inside Morningstar, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.