Sasan K. Goodarzi

President and Chief Executive Officer at INTUIT

Board

Since January 1, 2019

Age

56 years

Education

Holds a Bachelor of Science in Electrical Engineering from the University of Central Florida and an MBA from the Kellogg School of Management at Northwestern University.

Tenure

Joined INTU in 2004, holding various leadership roles across multiple business units including Intuit Financial Services, the Consumer Tax Group, and the Small Business & Self-Employed Group before being appointed as President and CEO on January 1, 2019.

Also at INTUIT

AGB

Alex G. Balazs

EVP and Chief Technology Officer

KJM

Kerry J. McLean

EVP, General Counsel, and Corporate Secretary

LAF

Laura A. Fennell

EVP and Chief People & Places Officer

About

Sasan K. Goodarzi has developed a robust career in technology leadership, initially joining INTU in 2004 and contributing across several key business units. His journey at the company saw him transitioning from operational roles in financial services and tax divisions to becoming a pivotal leader across consumer-focused segments.

Throughout his tenure, he advanced to senior executive positions such as Chief Information Officer and later as the head of the Consumer Tax Group, leveraging his deep expertise to drive strategic innovation and growth. His leadership has been instrumental in redefining operational efficiency and expanding the company’s market presence.

Beyond his role at INTU, he has broadened his industry impact by serving as CEO of Nexant Inc. for a brief period and taking on significant responsibilities at global conglomerates such as Invensys and Honeywell Inc. He also contributes to corporate governance through his board membership at Atlassian Corporation Plc, where he focuses on compensation and leadership development, demonstrating his commitment to excellence and transformational leadership.

$INTU Performance Under Sasan K. Goodarzi

Past Roles

Organization	Role	Date Range	Details
INTU	Executive Vice President and General Manager of the Small Business & Self-Employed Group	2016–2018	Position held prior to his promotion to CEO
INTU	Executive Vice President and General Manager of the Consumer Tax Group	2015–2016	Position held at INTU
INTU	Senior Vice President and General Manager of the Consumer Tax Group	2013–2015	Position held at INTU
INTU	Senior Vice President and Chief Information Officer	2011–2013	Position held at INTU
INTU	Leader of various business units including Intuit Financial Services and the professional tax division	2004–2010	Multiple roles across business units
Nexant Inc.	Chief Executive Officer	November 2010 (10 months)	Brief departure from INTU
Invensys	Global President of the Products Group	N/A	Senior leadership role with unspecified duration
Honeywell Inc.	Senior Leadership Roles in the Automation Control Division	N/A	Multiple senior roles with unspecified duration

External Roles

Organization	Role	Date Range	Details
Atlassian Corporation Plc	Board Member and Chair of Compensation and Leadership Development Committee	N/A	Current active role outside INTU

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,200,000	Annual	Fixed base salary for CEO
All Other Compensation	$194,944	Annual	Includes deferral under the Non-Qualified Deferred Compensation Plan

Performance Compensation

Data from FY 2024

Performance-Based Bonus

Metric	Value	Details
Annual Base Salary	$1,200,000	Base salary used to calculate bonus percentage
Target Bonus (% of Salary)	200%	Target bonus percentage
Target Bonus Amount	$2,400,000	200% of base salary
Actual Bonus Percentage of Target Bonus	95%	Funding formula result
Actual Bonus Amount	$2,280,000	95% of target bonus

Equity Awards

Performance Stock Units (PSUs)

Metric	Value	Details
Metric	Relative Total Shareholder Return (TSR)	PSUs tied to Intuit's relative TSR versus a peer group
Threshold PSUs	10,761	Minimum performance level
Target PSUs	26,903	Target performance level
Maximum PSUs	53,806	Capped at 200% of target
Grant Date	July 25, 2024	Date of PSU grant
Grant Date Fair Value	$15,597,283	Fair value assigned on grant
Grant Date Stock Price	$626.32 per share	Based on closing price on grant date
Vesting Schedule	Performance-based vesting over three periods	One-third of Target PSUs vest in each overlapping performance period; subject to a mandatory one-year holding period

Stock Options

Metric	Value	Details
Number of Options Granted	45,879	Total stock options granted
Grant Date	July 25, 2024	Date of option grant
Grant Date Fair Value	$8,650,027	Fair value assigned on grant
Exercise Price / Grant Date Stock Price	$626.32 per share	Exercise based on closing market price on grant date
Vesting Schedule	25% vest on July 25, 2025; then 2.083% monthly for the next 36 months	Service-based vesting (no additional performance conditions)

Restricted Stock Units (RSUs)

Metric	Value	Details
Shares Granted	13,811 shares	Total RSUs granted
Grant Date	July 25, 2024	Date of RSU grant
Grant Date Fair Value	$8,650,106	Fair value assigned on grant
Grant Date Stock Price	$626.32 per share	Based on closing market price on grant date
Vesting Schedule	25% vest on July 25, 2025; then 2.083% monthly for 36 months	Service-based vesting; subject to additional one-year holding after vesting

Additional Notes

Equity Grant Value Increase: The overall equity grant increased by $9,100,000 to $34,600,000 compared to the previous year.
Performance Conditions for Bonus: The Performance-Based Bonus payout was determined at 95% of its target due to the bonus plan funding formula.

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