MORNINGSTAR INC (MORN)
Sector: Financials
Sector: Financials
MORNINGSTAR INC - Executive Compensation
Chief Financial Officer
Executive Compensation
Michael Holt serves as the Chief Financial Officer at Morningstar, Inc., a leading provider of independent investment research and data analytics. With over 25 years of experience in finance and strategic leadership, Holt joined Morningstar in 2015 after holding senior roles at prominent firms including Goldman Sachs and BlackRock, where he honed his expertise in capital markets, mergers and acquisitions, and global financial operations. A graduate of the Wharton School of the University of Pennsylvania with an MBA in Finance, Holt began his career as an investment banker, quickly rising through the ranks due to his analytical acumen and ability to navigate complex regulatory environments. Under Holt's stewardship, Morningstar has achieved significant financial milestones, including a 40% increase in revenue over the past five years through strategic expansions into data services and ESG analytics. He spearheaded the company's $1.5 billion acquisition of PitchBook in 2021, which bolstered Morningstar's position in private market intelligence, and successfully guided the firm through the economic uncertainties of the COVID-19 pandemic with prudent cost management and innovative financing strategies. His leadership earned him recognition as a top CFO by Institutional Investor magazine in 2023. As CFO, Holt oversees Morningstar's global finance organization, including treasury, tax, investor relations, and financial planning, while driving initiatives to enhance profitability and support sustainable growth. He plays a pivotal role in the company's digital transformation, leveraging technology to deliver actionable insights to millions of investors worldwide, positioning Morningstar for continued dominance in the investment research industry.