Intuit Inc (INTU)

About Intuit Inc. (INTU)

Company Description:

 

Intuit Inc., a financial software company, provides innovative solutions primarily focused on financial management and tax preparation software. The company operates in various segments including Small Business and Self-Employed Group, Consumer Group, and ProConnect Group.

Founded by Scott D. Cook and Tom Proulx in 1983, Intuit has grown to become a leading player in the financial software market, with its headquarters located in Mountain View, California, United States.

 

Main Product(s):

 

Intuit is known for its range of products including QuickBooks, a small business accounting software; TurboTax, a software package for individual tax preparation; and Mint, a personal finance management tool.

 

Short History of Intuit Inc.:

 

  • 1983 – Intuit was founded by Scott Cook and Tom Proulx in Palo Alto, California.
  • 1993 – The company went public.
  • 1994 – Intuit acquired Chipsoft, the maker of TurboTax.
  • 2009 – The acquisition of Mint.com, expanding its personal finance offerings.
  • 2016 – Sold its original flagship product, Quicken.
  • 2020 – Announced the agreement to acquire Credit Karma, a significant move into consumer finance.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Sasan K. GoodarziCEO, President & Director3.31MN/A1968
Mr. Scott D. CookFounder & Director1.3MN/A1952
Ms. Laura A. FennellExecutive VP and Chief People & Places Officer1.41M18.73M1961
Ms. Marianna TesselExecutive VP and GM of Small Business & Self Employed Group1.41MN/A1967
Mr. Sandeep Singh AujlaSVP of Finance for SBSEG & Technology Organization, Executive VP and CFON/AN/A1976
Mr. Sheldon CummingsVice President of Sales, Strategy, Operations, Marketing & PartnershipsN/AN/AN/A
Ms. Lauren D. HotzSenior VP & Chief Accounting OfficerN/AN/A1976
Mr. Alex G. BalazsExecutive VP & CTON/AN/A1971
Ms. Kimberly Anderson Watkins CFAVice President of Investor RelationsN/AN/AN/A
Ms. Kerry J. McLeanExecutive VP, General Counsel & Corporate SecretaryN/AN/A1964

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