Joe Mansueto is the founder of Morningstar, Inc., a well-respected financial services firm started in 1984. He served as CEO from 2000 until 2016 and has been the chairman of the board since the company's inception. He holds both a...

Number of Employees

11.33K

Year

2016

Total Compensation

$105.29K

Salary

$100.00K

Board Justification

The compensation philosophy is to align Joe's compensation with the interests of shareholders, focusing on long-term value appreciation rather than immediate cash or equity incentives.

Bonus

$0.00

Board Justification

Joe did not participate in any cash-based incentive programs in 2016 as he requested to align his compensation with shareholder interests.

Other

$5.29K

Board Justification

Other compensation includes basic life and accidental death and dismemberment insurance and matching contributions to the 401(k) plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

Joe did not participate in the equity incentive programs in 2016, hence no stock vested.

Performance Metrics

Joe's compensation was not tied to specific performance metrics due to his decision to not participate in cash or equity incentive programs.

SEC Filing

From March 31, 2017

Joe Mansueto

Founder and Ex-CEO of Morningstar

JM

Education

University of Chicago (MBA)

Field of Expertise

Finance & Banking - Finance

Born

September 1, 1954 - 70 years ago

Is Founder?

Yes

Tenure

16 years 11 months (Jan 2000 - Dec 2016)

Previous Experience

Founder of Morningstar, Inc.