---
schema_version: "secwatch.filing_event.v1"
accession: "0001289419-24-000160"
form_type: "8-K"
ticker: "MORN"
cik: "0001289419"
company_name: "Morningstar, Inc."
filed_at: "2024-12-13T23:59:59+00:00"
generated_at: "2026-05-29T03:21:26.399314+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Morningstar names Michael Holt as CFO; dividend raised 12.3% to $0.455

## Summary
- CFO Jason Dubinsky to step down Dec 31, 2024; Michael Holt (current Chief Strategy Officer) succeeds Jan 1, 2025.
- Quarterly dividend increased 12.3% to $0.455 per share for 2025; payable date not specified.
- Leverage reduced to ~1.2x funded indebtedness/EBITDA as of Sep 30, 2024; debt paydown completes.
- Divested Commodity & Energy data business in Q3 2024; TAMP transfer to AssetMark completed Dec 1, 2024.
- Morningstar Credit revenue rose 35.7% in nine months through Sep 30, 2024 vs prior year.

## SEC filing metadata
- accession: 0001289419-24-000160
- form_type: 8-K
- ticker: MORN
- cik: 0001289419
- company_name: Morningstar, Inc.
- filed_at: 2024-12-13T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289419/000128941924000160/0001289419-24-000160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289419/000128941924000160/morn-20241213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001289419-24-000160
- JSON: https://secwatch.observer/filing/0001289419-24-000160.json
- Plain text: https://secwatch.observer/filing/0001289419-24-000160.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.