What they were paid
Morningstar Director Compensation Table · all 5 fiscal years held| Fiscal year | Cash fees | Stock awards | Option awards | Other | Total |
|---|---|---|---|---|---|
| FY2025 | $75,000 | $189,974 | $0 | $0 | $264,974 |
| FY2024 | $75,000 | $189,949 | — | — | $264,949 |
| FY2023 | $75,000 | $164,868 | $0 | $0 | $239,868 |
| FY2022 | $75,000 | $224,243 | — | — | $299,243 |
| FY2021 | $65,000 | $285,448 | — | — | $350,448 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Morningstar, Inc. DEF 14A filed March 27, 2026, accession 0001193125-26-129081, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Morningstar, Inc. filed document, accession 0001193125-26-129081. Every figure is read from that document and cited to the page and table it appears in. Filed March 27, 2026.
Get the Morningstar Board Governance Report
$264,974 Steve Kaplan, FY2025 total director compensation
$500
The free page is the headline figures. The board report is director pay, board composition and committee fees combined into the same kind of document.
Data as of March 27, 2026 · Source: Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).
Committees
FY2025 · as the proxy prints themCompensation (Chair) · NCGC
The rest of the Morningstar board
FY2025 · as the company reported each| Director | Role | FY2025 total |
|---|---|---|
| Anne Bramman | Independent Director | — |
| Bill Lyons | Independent Director | $264,974 |
| Caroline Tsay | Independent Director | $249,974 |
| Cheryl Francis | Independent Director | $274,974 |
| Doniel Sutton | Independent Director | $249,974 |
| Gail Landis | Independent Director | $254,974 |
| Joe Mansueto | Director | — |
| Kunal Kapoor | Director | — |
| Robin Diamonte | Independent Director | $249,974 |
| Steve Joynt | Independent Director | $249,974 |
The full Morningstar compensation record
free company briefThis page is one director within Morningstar's record. The company brief lists every named executive and director, each linking to their own page.
Peer companies
named in the Morningstar proxy · each links to its own free briefOrder MORN
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