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...
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 bachelor's degree and an MBA from the University of Chicago, highlighting his strong background in finance. Interestingly, even as the CEO, Mansueto chose to keep his salary fixed at $100,000 since 2000, opting out of bonuses and stock options to align his interests with shareholders. This reflects his long-term view of value creation over immediate rewards. In 2017, he transitioned to the executive chairman role to focus more on strategy, while Kunal Kapoor took over as CEO. As a major shareholder, owning over 39% of Morningstar, Mansueto has a significant influence on the company's direction. His corporate philosophy emphasizes integrity and investor success, making him a unique figure in the finance industry.