Diane Greene to Step Down From Intuit Board of Directors; Former Amazon.com CFO Thomas Szkutak Nominated
October 19 2017 - 04:03PM
Business Wire
Intuit Inc. (Nasdaq: INTU) announced that Diane Greene will step
down from the company’s board of directors after 11 years of
service. In addition, the board has nominated Thomas Szkutak, to
stand for election to the board at the annual meeting.
“I’m grateful for Diane’s contributions, leadership and vision
that helped Intuit transform its business over the last decade,”
said Brad Smith, Intuit chairman and chief executive officer.
“When Diane joined the board in 2006, we were on the cusp of
moving to the cloud. Today, our One Intuit Ecosystem helps power
prosperity for customers all over the globe. On behalf of Intuit
and the board of directors, I want to thank Diane for her
commitment and encouragement that helped turn our vision into
awesome experiences for our customers.”
Greene was co-founder and the CEO of VMware from 1998 until
2008. She is the CEO for Google's cloud businesses, and also serves
on the company’s board of directors. Greene will continue serving
on the Intuit board until the annual shareholder meeting in
January, 2018.
Board Nominates Szkutak
Szkutak was the former senior vice president and chief financial
officer at Amazon.com from 2002 to 2015. He previously spent 20
years with General Electric, where he held a variety of leadership
positions both within the United States, and throughout Europe,
Asia and Australia.
“Tom’s financial and global experience will serve Intuit well as
we work to strengthen the power of our ecosystem and deliver
unparalleled benefits to our consumers, small business and
self-employed customers,” said Smith. “I’m thrilled to have the
opportunity to bring on someone like Tom to Intuit, and look
forward to benefitting from his knowledge and experience, both of
which will contribute to the growth and success for all of our
stakeholders.”
About Intuit
Intuit Inc. is committed to powering prosperity around the world
for consumers, small businesses and the self-employed through its
ecosystem of innovative financial management solutions.
Its flagship products and services
include QuickBooks® and TurboTax®, which make it
easier to manage small businesses and tax preparation and
filing. QuickBooks Self-Employed provides freelancers and
independent contractors with an easy and affordable way to manage
their finances and save money at tax time, while Mint delivers
financial tools and insights to help people make smart choices
about their money.
Intuit's ProConnect brand
portfolio includes ProConnect Tax Online, ProSeries®
and Lacerte®, the company's leading tax preparation offerings
for professional accountants.
Founded in 1983, Intuit serves 46 million customers in North
America, Europe, Australia, Brazil and India, with revenue of $5.2
billion in its fiscal year 2017. The company has approximately
8,200 employees with major offices in the United
States, Canada, the United
Kingdom, India, Israel, Australia and other locations.
More information can be found at www.intuit.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171019006486/en/
Intuit Inc.InvestorsKim Watkins,
650-944-3324kim_watkins@intuit.comorMediaDiane Carlini,
650-944-6251diane_carlini@intuit.com
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