Morningstar has named Kunal Kapoor, currently head of client solutions, as new head of information products and client solutions.
Chris Boruff, 48, previously head of Information Products, is taking on a part-time role as managing director, business operations. Kapoor and Boruff will continue to report to Joe Mansueto, chairman and chief executive officer.
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The Information Products group is responsible for product development, manufacturing, and innovation at Morningstar. Client Solutions is responsible for building deep client segment expertise and leading Morningstar’s efforts to bundle its products and capabilities into solutions for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Mansueto said: "Chris and Kunal have been members of our leadership team for many years and are great examples of Morningstar’s philosophy of moving employees around to give them exposure to other parts of the business."
Kapoor joined the firm as a data analyst in 1997. Since that time he has served as a mutual fund analyst, editor of Morningstar Mutual Funds, director of mutual fund analysis, director of international business strategy, president of Morningstar Investment Services, president of Individual Investor Software, and president of the firm’s Data division. He was named head of Client Solutions in early 2013.
Kapoor holds a bachelor’s degree in economics and environmental policy from Monmouth College and a master’s degree in business administration from the University of Chicago Booth School of Business. He also holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Society of Chicago.
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By GlobalDataBoruff joined Morningstar in 1996 as a product manager. In 2000 he was named head of the advisor business. In 2009, he was named president of Morningstar’s Software division, taking on responsibility for the firm’s retail and institutional software products in addition to its advisor-focused offerings.
He became head of Information Products in early 2013. Boruff holds a bachelor’s degree in economics and psychology from Northwestern University.
