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    Sasan K. Goodarzi

    President and Chief Executive Officer at Intuit Inc
    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 Inc

    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

    OrganizationRoleDate RangeDetails
    INTU Executive Vice President and General Manager of the Small Business & Self-Employed Group 2016–2018Position held prior to his promotion to CEO
    INTU Executive Vice President and General Manager of the Consumer Tax Group 2015–2016Position held at INTU
    INTU Senior Vice President and General Manager of the Consumer Tax Group 2013–2015Position held at INTU
    INTU Senior Vice President and Chief Information Officer 2011–2013Position held at INTU
    INTU Leader of various business units including Intuit Financial Services and the professional tax division 2004–2010Multiple 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/ASenior leadership role with unspecified duration
    Honeywell Inc. Senior Leadership Roles in the Automation Control Division N/AMultiple senior roles with unspecified duration

    External Roles

    OrganizationRoleDate RangeDetails
    Atlassian Corporation Plc Board Member and Chair of Compensation and Leadership Development Committee N/ACurrent active role outside INTU

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,200,000 AnnualFixed base salary for CEO
    All Other Compensation$194,944 AnnualIncludes deferral under the Non-Qualified Deferred Compensation Plan

    Performance Compensation

    Data from  FY 2024

    Performance-Based Bonus

    MetricValueDetails
    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 Bonus95% Funding formula result
    Actual Bonus Amount$2,280,000 95% of target bonus

    Equity Awards

    Performance Stock Units (PSUs)

    MetricValueDetails
    MetricRelative Total Shareholder Return (TSR) PSUs tied to Intuit's relative TSR versus a peer group
    Threshold PSUs10,761 Minimum performance level
    Target PSUs26,903 Target performance level
    Maximum PSUs53,806 Capped at 200% of target
    Grant DateJuly 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 SchedulePerformance-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

    MetricValueDetails
    Number of Options Granted45,879 Total stock options granted
    Grant DateJuly 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 Schedule25% 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)

    MetricValueDetails
    Shares Granted13,811 shares Total RSUs granted
    Grant DateJuly 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 Schedule25% 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.