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Posted 14 August, 2023

INTUIT INC. appointed new CEO

CEO Change detected for ticker Nasdaq:INTU in a 8-K filed on 14 August, 2023.


  On August 14, 2023, Intuit Inc. (the "Company") announced that Marianna Tessel, Executive Vice President and Chief Technology Officer, will be appointed as the Company's Executive Vice President and General Manager, Small Business and Self-Employed Group, effective September 5, 2023. Ms. Tessel will be replacing Alex Chriss, who will be stepping down on September 5, 2023 as Intuit's Executive Vice President and General Manager, Small Business and Self-Employed Group, to join PayPal, Inc. as its Chief Executive Officer.  

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Overview of INTUIT INC.
Technology • Software
Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business and Self-Employed segment offers QuickBooks financial and business management online services and desktop software, payroll solutions, payment processing solutions, and financing for small businesses. The Consumer segment includes do-it-yourself and assisted TurboTax income tax preparation products and services. The Credit Karma segment serves consumers with a personal finance platform that provides personalized recommendations of credit cards, home, auto and personal loans, and insurance products, and online savings and checking accounts. The ProTax segment refers to the professional accountants in the U.S. and Canada, who are essential to both small business success and tax preparation and filing. The company was founded by Scott D. Cook and Thomas A. Proulx in March 1983 and is headquartered in Mountain View, CA.
Market Cap
$173B
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INTUIT INC. by TradingView
Relevant filing section
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. 


On August 14, 2023, Intuit Inc. (the "Company") announced that Marianna Tessel, Executive Vice President and Chief Technology Officer, will be appointed as the Company's Executive Vice President and General Manager, Small Business and Self-Employed Group, effective September 5, 2023. Ms. Tessel will be replacing Alex Chriss, who will be stepping down on September 5, 2023 as Intuit's Executive Vice President and General Manager, Small Business and Self-Employed Group, to join PayPal, Inc. as its Chief Executive Officer. Intuit also announced that Alex Balazs, Senior Vice President and Chief Technology Architect, will be appointed as Executive Vice President and Chief Technology Officer, effective September 5, 2023.


A copy of the press release is attached to this Report as Exhibit 99.01.