Intuit Inc. (Nasdaq: INTU) announced that director Christopher Brody
will step down from the company’s board of directors after 25 years of
service. In addition, the board has nominated former Amazon.com Inc.
executive Richard L. Dalzell, to stand for election to the board at
Intuit’s annual meeting of shareholders in January.
Brody’s relationship with Intuit spans 25 years, beginning in 1993 with
the company’s acquisition of ChipSoft Inc., where he had served as
chairman since 1989.
“When ChipSoft merged with Intuit, Chris joined the Intuit board and
today Consumer Tax and ProTax are among our largest businesses,” said
Brad Smith, Intuit president and chief executive officer. “Chris has
made many valued contributions and on behalf of the board and everyone
at Intuit, I want to thank him for being a constant source of wisdom and
Brody will continue serving on the Intuit board until the annual
shareholder meeting, after which time he will serve as director emeritus.
Dalzell served as chief information officer in addition to several other
technical leadership roles at Amazon.com from 1997 until his retirement
in 2007. He serves on the boards of AOL Inc. and Twilio Inc.
“Rick is a seasoned technology leader and we are excited to welcome him
to Intuit’s board of directors,” said Smith. “His experience running
engineering for one of the largest Internet-based companies will be
extremely valuable as Intuit continues to accelerate growth in the
About Intuit Inc.
Intuit Inc. creates business and
financial management solutions that simplify the business of life for
small businesses, consumers and accounting professionals.
Its flagship products and services include QuickBooks®,
which make it easier to manage small businesses and payroll processing,
personal finance, and tax preparation and filing. Mint.com
provides a fresh, easy and intelligent way for people to manage their
money, while Demandforce®
offers marketing and communication tools for small businesses. ProSeries®
are Intuit's leading tax preparation offerings for professional
Founded in 1983, Intuit had revenue of $4.5 billion in its fiscal year
2014. The company has approximately 8,000 employees with major offices
in the United States, Canada, the United Kingdom, India and other
locations. More information can be found at www.intuit.com.