Morningstar Founder Mansueto Becomes Executive Chairman as Kapoor Named CEO

Mansueto, who founded Morningstar in 1984, plans to adopt a more flexible schedule that will allow him to focus more on strategy, technology and investments.

Morningstar president Kunal Kapoor will become CEO in January

Mansueto says he will remain "very involved" with Morningstar, and will play an active role in strategy, capital allocation, advising management, and leading the vendor's board of directors.

Kapoor joined Morningstar as a data analyst in 1997, and has held various roles at the vendor─including director of mutual fund analysis, director of business strategy for international operations, president and chief investment officer of Morningstar Investment Services, head of its data business, and head

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