Intuit Management

Management criteria checks 3/4

Intuit's CEO is Sasan Goodarzi, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is $27.31M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth €40.37M. The average tenure of the management team and the board of directors is 5.5 years and 7.3 years respectively.

Key information

Sasan Goodarzi

Chief executive officer

US$27.3m

Total compensation

CEO salary percentage	4.0%
CEO tenure	5.3yrs
CEO ownership	0.02%
Management average tenure	5.5yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sasan Goodarzi's remuneration changed compared to Intuit's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	US$3b
Oct 31 2023	n/a	n/a	US$3b
Jul 31 2023	US$27m	US$1m	US$2b
Apr 30 2023	n/a	n/a	US$2b
Jan 31 2023	n/a	n/a	US$2b
Oct 31 2022	n/a	n/a	US$2b
Jul 31 2022	US$27m	US$1m	US$2b
Apr 30 2022	n/a	n/a	US$3b
Jan 31 2022	n/a	n/a	US$2b
Oct 31 2021	n/a	n/a	US$2b
Jul 31 2021	US$25m	US$1m	US$2b
Apr 30 2021	n/a	n/a	US$2b
Jan 31 2021	n/a	n/a	US$2b
Oct 31 2020	n/a	n/a	US$2b
Jul 31 2020	US$20m	US$1m	US$2b
Apr 30 2020	n/a	n/a	US$1b
Jan 31 2020	n/a	n/a	US$2b
Oct 31 2019	n/a	n/a	US$2b
Jul 31 2019	US$18m	US$911k	US$2b
Apr 30 2019	n/a	n/a	US$2b
Jan 31 2019	n/a	n/a	US$1b
Oct 31 2018	n/a	n/a	US$1b
Jul 31 2018	US$13m	US$750k	US$1b
Apr 30 2018	n/a	n/a	US$1b
Jan 31 2018	n/a	n/a	US$1b
Oct 31 2017	n/a	n/a	US$999m
Jul 31 2017	US$9m	US$750k	US$985m

Compensation vs Market: Sasan's total compensation ($USD27.31M) is above average for companies of similar size in the German market ($USD5.57M).

Compensation vs Earnings: Sasan's compensation has been consistent with company performance over the past year.

CEO

Sasan Goodarzi (55 yo)

5.3yrs

Tenure

US$27,305,429

Compensation

Mr. Sasan K. Goodarzi has been Chief Executive Officer, President and Director at Intuit Inc. since January 1, 2019 and served as its Executive Vice President and General Manager of Small Business Group si...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sasan Goodarzi	CEO, President & Director	5.3yrs	US$27.31m	0.024% $ 40.4m
Scott Cook	Founder & Director	41.3yrs	US$1.24m	2.54% $ 4.2b
Laura Fennell	Executive VP and Chief People & Places Officer	5.7yrs	US$13.22m	0.018% $ 30.1m
Marianna Tessel	Executive VP and GM of Small Business & Self Employed Group	less than a year	US$16.22m	0.012% $ 20.3m
Sandeep Aujla	SVP of Finance for SBSEG & Technology Organization	less than a year	no data	0.0013% $ 2.2m
Lauren Hotz	Senior VP & Chief Accounting Officer	2.2yrs	no data	0.0012% $ 2.0m
Alex Balazs	Executive VP & CTO	less than a year	no data	0.000070% $ 116.1k
Kimberly Watkins	Vice President of Investor Relations	no data	no data	no data
Kerry McLean	Executive VP	5.7yrs	no data	0.0084% $ 13.9m
Lara Balazs	Executive VP	6.3yrs	no data	no data
Shveta Mujumdar	Vice President of Corporate Development	no data	no data	no data
Anton Hanebrink	Executive VP and Chief Corporate Strategy & Development Officer	7.4yrs	no data	no data

5.5yrs

Average Tenure

54yo

Average Age

Experienced Management: ITU's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sasan Goodarzi	CEO, President & Director	5.3yrs	US$27.31m	0.024% $ 40.4m
Scott Cook	Founder & Director	40.1yrs	US$1.24m	2.54% $ 4.2b
Richard Dalzell	Independent Director	9.3yrs	US$383.03k	0.0054% $ 9.0m
Christopher Brody	Director Emeritus	9.3yrs	US$25.63k	no data
Suzanne Nora Johnson	Independent Board Chair	16.8yrs	US$580.30k	0.014% $ 22.9m
Thomas Szkutak	Independent Director	6.3yrs	US$376.95k	0.0012% $ 2.0m
Raul Vazquez	Independent Director	7.9yrs	US$365.34k	0.00043% $ 713.2k
Ryan Roslansky	Independent Director	less than a year	US$199.61k	no data
Eve Burton	Independent Director	8.3yrs	US$378.67k	0.0011% $ 1.8m
Eric Yuan	Independent Director	less than a year	US$198.36k	no data
Tekedra Mawakana	Independent Director	3.5yrs	US$360.63k	0% $ 0
Deborah Liu	Independent Director	6.8yrs	US$380.97k	0.00095% $ 1.6m

7.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: ITU's board of directors are considered experienced (7.3 years average tenure).

Intuit Management

Management criteria checks 3/4

Key information

Recent management updates

Executive VP & CTO recently sold €2.2m worth of stock

Intuit Inc., Annual General Meeting, Jan 18, 2024

Intuit Inc., Annual General Meeting, Jan 18, 2024

Executive VP & CTO recently sold €1.1m worth of stock

Insider recently sold €4.5m worth of stock

Intuit Inc. Announces Board and Committee Appointments

Recent updates

Intuit Inc. Launches Intuit for Education

Upcoming dividend of US$0.90 per share

Second quarter dividend of US$0.90 announced

Second quarter 2024 earnings released: EPS: US$1.26 (vs US$0.60 in 2Q 2023)

Intuit Inc. Reiterates Earnings Guidance for the Full Fiscal Year 2024 and Provides Earnings Guidance for the Third Quarter of Fiscal Year 2024

Intuit Introduces Quickbooks Solopreneur, an Easy-To-Use Financial Tool Built for One-Person Businesses

Intuit Inc. to Report Q2, 2024 Results on Feb 22, 2024

Now 20% undervalued

Executive VP & CTO recently sold €2.2m worth of stock

Upcoming dividend of US$0.90 per share at 0.6% yield

Now 21% undervalued

As You Sow Files a Notice of Exempt Solicitation to Intuit Inc

First quarter 2024 earnings released: EPS: US$0.86 (vs US$0.14 in 1Q 2023)

Intuit Inc. Approves Cash Dividend, Payable on January 18, 2024

Intuit Inc. Announces Latest Evolution of its TurboTax Live Full Service Offering to Launch on November 30, 2023

Intuit Inc., Annual General Meeting, Jan 18, 2024

Intuit Inc., Annual General Meeting, Jan 18, 2024

Intuit Quickbooks Unveils New Product Innovations At Quickbooks Connect That Help Accountants Drive Small Business Growth

Intuit QuickBooks Introduces Integrated E-Commerce Management for Product-Based Businesses Using QuickBooks Online

Intuit Inc. to Report Q1, 2024 Results on Nov 28, 2023

Intuit Inc. Introduces QuickBooks Bill Pay, Expanding Money Platform to Deliver Business-to-Business Payments with AP Automation

Executive VP & CTO recently sold €1.1m worth of stock

Intuit Inc. Reaffirms First Quarter and full Fiscal 2024 Guidance

Intuit QuickBooks Introduces Two New Payroll Plans to Streamline Payroll and Time Tracking for Canadian Businesses

Upcoming dividend of US$0.90 per share at 0.7% yield

Insider recently sold €4.5m worth of stock

Now 20% undervalued

Full year 2023 earnings released: EPS: US$8.48 (vs US$7.38 in FY 2022)

Intuit Approves Quarterly Dividend, Payable on October 17, 2023

Intuit Inc. to Report Q4, 2023 Results on Aug 24, 2023

Upcoming dividend of US$0.78 per share at 0.7% yield

Intuit Mailchimp Launches over 150 New and Updated Features

Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models

Intuit Inc. Announces Quarterly Dividend, Payable on July 18, 2023

Third quarter 2023 earnings released: EPS: US$7.43 (vs US$6.36 in 3Q 2022)

Intuit Inc. Announces Board and Committee Appointments

Upcoming dividend of US$0.78 per share at 0.7% yield

Now 21% undervalued after recent price drop

Independent Director recently sold €1.8m worth of stock

Second quarter 2023 earnings released: EPS: US$0.60 (vs US$0.35 in 2Q 2022)

Intuit Inc. Supercharges Virtual Expert Platform with AI Enhancements to Streamline Expert-Assisted Tax Filing

Intuit Inc. to Report Q2, 2023 Results on Feb 23, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.78 per share

SVP & Chief Accounting Officer recently sold €58k worth of stock

First quarter 2023 earnings released: EPS: US$0.14 (vs US$0.83 in 1Q 2022)

Intuit Inc. Revises Revenue Guidance and Reiterated GAAP Operating Income and Earnings Per Share Guidance for the Full Year 2023

Intuit Inc., Annual General Meeting, Jan 19, 2023

Insufficient new directors

Intuit Inc.’s Virtual Expert Platform Connects People to Tax and Bookkeeping Experts Powered by AI

Investor sentiment deteriorated over the past week

Intuit Inc. Reiterates Earnings Guidance for the First-Quarter and Full-Year Fiscal 2023

Intuit Inc. to Report Q1, 2023 Results on Nov 29, 2022

Intuit Inc. Reiterates the Earning Guidance for the First-Quarter and Full-Year Fiscal 2023

Upcoming dividend of US$0.78 per share

Insider recently sold €1.1m worth of stock

Full year 2022 earnings released: EPS: US$7.38 (vs US$7.64 in FY 2021)

Intuit Inc. Provides Earnings Guidance for the First Quarter Ending October 31, 2022 and Full Fiscal Year Ending July 31, 2023

Intuit Inc. Announces Management Changes

Intuit Inc. to Report Q4, 2022 Results on Aug 23, 2022

Upcoming dividend of US$0.68 per share

Insider recently sold €3.7m worth of stock

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$6.36 (vs US$5.36 in 3Q 2021)

Intuit Inc. Announces Executive Changes

Intuit Inc. Announces Executive Changes

Intuit Announces Spreadsheet Sync for QuickBooks Online Advanced

Insufficient new directors

Intuit Inc. Appoints Marc Visent as U.S. Partner Council Advisory Board