Intuit Inc. today announced that Brad Smith, current president, chief executive officer and chairman of the board, will step down as CEO at the end of December 2018. Smith will remain with Intuit and become Executive Chairman of Intuit’s Board of Directors. The board has appointed Sasan Goodarzi, currently executive vice president and general manager of Intuit’s Small Business and Self-Employed Group, to succeed him effective Jan. 1, 2019. Goodarzi will also be joining Intuit’s Board of Directors at that time.
In addition, Chief Technology Officer Tayloe Stansbury will step down Jan. 1, 2019. Marianna Tessel, senior vice president and chief product development officer for Intuit’s Small Business and Self-Employed Group, will succeed Stansbury as Intuit’s CTO.
“Brad Smith has been an outstanding leader for Intuit over the last 11 years,” said Suzanne Nora Johnson, lead independent director of Intuit’s Board of Directors. “He has transformed Intuit from a North American desktop software company into a global cloud-driven product and platform company. Under his leadership, Intuit has accelerated growth in customers, revenue and profit while establishing a durable foundation for continued success long into the future.”
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