Morningstar, Inc. has promoted Kunal Kapoor to president of Morningstar's Data division, effective June 4. Kapoor will replace Liz Kirscher who is leaving the firm in June.

Kapoor joined the company in 1997 as a data analyst and worked his way up to president of individual investor software, including Morningstar.com, in 2009.

"Kunal has worn many hats since joining us 15 years ago,” stated Joe Mansueto, chairman and chief executive officer of Morningstar. “He began as a data analyst, later led our fund analyst team, and has held key roles in each of our four divisions--data, software, research, and investment management. His promotion to president of our global data business, our largest product in terms of revenue, is well deserved."

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