Sasan Goodarzi
Director at TEAM
Board
About Sasan Goodarzi
Independent director of Atlassian since 2018; age 57. Currently CEO and director of Intuit; prior senior leadership at Honeywell, Invensys, Nexant, and multiple GM/CIO roles at Intuit. Education: B.S. in Electrical Engineering (University of Central Florida) and MBA (Kellogg, Northwestern). Serves on Atlassian’s Compensation and Leadership Development Committee (CLDC) and is its Chair; recognized for deep product/technology and go-to-market expertise built over ~20 years at Intuit, including leading its evolution to an “AI-driven expert platform.”
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Intuit, Inc. | President, CEO, and director | 2019–Present | Led evolution from tax/accounting to “AI-driven expert platform”; deep customer/product/technology leadership |
| Intuit, Inc. | EVP & GM (Small Business & Self-Employed) | 2016–2018 | Scaled SB/SE businesses; product/go-to-market leadership |
| Intuit, Inc. | EVP & GM (Consumer Tax Group) | 2015–2016 | Drove consumer tax business performance |
| Intuit, Inc. | SVP & GM (Consumer Tax Group) | 2013–2015 | Operational/product leadership |
| Intuit, Inc. | SVP & Chief Information Officer | 2011–2013 | Enterprise technology transformation |
| Intuit, Inc. | SVP & GM (ProTax; Intuit Financial Services) | 2004–2010 | Led ProTax and financial services segments |
| Nexant Inc. | Chief Executive Officer | 2010–2011 | Led global software/consulting energy company |
| Invensys | Global President, Products Group | 2002–2004 | Global product leadership in industrial automation |
| Honeywell | Various senior leadership roles | 1993–2002 | Automation control division leadership |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Intuit, Inc. (public) | CEO and director | 2019–Present | Board service at a $150B+ fintech; public company CEO experience |
Board Governance
- Committee assignments: Chair, Compensation and Leadership Development Committee; members include Goodarzi (Chair), Belsky, Brown, Warner; FY2025 meetings: 3; CLDC responsibilities include exec/director pay, peer group setting, performance goals, succession, consultant oversight (Semler Brossy) .
- Independence: Board determined Goodarzi is independent; all members of Audit, CLDC, and Nominating committees are independent .
- Attendance/engagement: Board held nine meetings in FY2025; each director attended at least 75% of Board and assigned committee meetings during service periods .
- Board leadership: Independent Chair (Shona L. Brown); executive sessions of independent directors at all quarterly Board meetings led by the Chair; majority independent Board .
- Interlocks: No compensation committee interlocks; none of Atlassian’s executive officers serve on the board/comp committee of a company whose executive sits on Atlassian’s Board/CLDC .
Fixed Compensation
| Component | FY2025 Amount | Notes |
|---|---|---|
| Annual cash retainer (Board) | $55,000 | Non-employee director policy |
| Committee chair cash retainer (CLDC Chair) | $15,000 | Non-employee director policy |
| Total cash fees (FY2025, Goodarzi) | $70,000 | Reported in director compensation table |
| Annual equity award (policy value) | $290,000 | RSUs, rounded up to whole shares; vests fully at earlier of 1-year or next annual meeting |
| Stock award (FY2025, Goodarzi actual) | $290,030 | Aggregate grant-date fair value (ASC 718) |
| Total FY2025 director comp (Goodarzi) | $360,030 | Cash + stock |
Performance Compensation
- Structure: Atlassian’s non-employee director equity grant is RSUs with time-based vesting (no performance conditions); vests in full at earlier of one-year anniversary or next annual meeting, subject to continued service .
- FY2025 RSUs held unvested by most current non-employee directors (excl. Dykstra, Smith, Warner): 1,056 RSUs as of June 30, 2025; Goodarzi is among current non-employee directors in this group .
Other Directorships & Interlocks
| Company | Relationship to Atlassian | Interlock/Conflict Notes |
|---|---|---|
| Intuit, Inc. | CEO and director | Board affirms independence considering ordinary-course arms-length transactions with entities where directors are executives; all committee members independent . No comp committee interlocks disclosed . |
Expertise & Qualifications
- Nearly 20 years at Intuit with product, technology, go-to-market, and public policy/government relations expertise; public-company CEO leadership at scale .
- Deep customer-centric product leadership; AI/platform transformation experience .
Equity Ownership
| Holder | Class A Shares | Class B Shares | % Total Voting Power | Notes |
|---|---|---|---|---|
| Sasan Goodarzi | 16,094 | — | <1% | Beneficial ownership; RSUs outstanding for most current directors: 1,056 unvested (excl. Dykstra, Smith, Warner) |
| Director stock ownership guideline | $265,000 minimum FMV | — | — | Directors must hold Atlassian stock of at least $265,000 FMV; compliance window: 4 years from appointment |
| Hedging/pledging policy | — | — | — | Prohibits hedging/pledging by directors/officers unless approved by Audit Committee |
Insider Trades
| Date | Filing | Security | Summary/Notes | Link |
|---|---|---|---|---|
| Jul 3, 2025 | Form 4 | Atlassian Class A | Statement of changes in beneficial ownership; indicates shares held in Goodarzi Rev Trust u/a Dtd 5/18/2012; see filing for transaction detail | |
| Oct 2025 | Form 4 (Intuit) | Intuit | Separate filing as Intuit CEO; not Atlassian-related |
Governance Assessment
- Strengths
- Independent director and CLDC Chair; committee fully independent; uses independent consultant Semler Brossy; consultant independence and no conflicts affirmed .
- Transparent director pay design with modest cash retainers and annual RSUs; director stock ownership guideline ($265k) supports alignment; hedging/pledging restricted .
- Board independence and oversight: independent Chair; executive sessions; annual board/committee evaluations with outside advisor; broad shareholder engagement .
- Strong say-on-pay support (97.6% at 2024 Annual Meeting), reflecting investor confidence in compensation governance where CLDC is chaired by Goodarzi .
- Potential risks and red flags
- External role as CEO/director at Intuit could present perceived conflicts if Atlassian or Intuit engage in material transactions; Board addresses via independence determinations and related-person transaction policy overseen by Audit Committee .
- Atlassian’s dual-class structure concentrates voting power with co-founders (100% of Class B held by entities affiliated with co-founders), which can limit minority shareholder influence; context for committee oversight effectiveness .
- No meeting attendance issues disclosed (≥75% threshold met); continue monitoring director-specific attendance in future proxies .