Intuit Aligns Organization to Strengthen Small Business Ecosystem
MOUNTAIN VIEW, Calif – Dec. 02, 2008 – Intuit Inc. (Nasdaq: INTU) today announced it has formalized the structure of its small business ecosystem by aligning three business units under one new division. Kiran Patel, general manager of Intuit’s Consumer Tax Group, has been promoted to executive vice president and will lead Intuit’s Small Business Ecosystem division. The division includes QuickBooks-related products and services, Intuit Payroll and Intuit’s payments business.
Dan Maurer, Intuit’s chief marketing officer and the head of marketing for Intuit’s consumer tax business, will replace Patel as the Consumer Tax Group’s general manager.
“The three business units that comprise Intuit’s small business ecosystem have always worked closely with each other. This change, and Kiran’s leadership, will strengthen its power and will help us deliver even more value to our small business customers,” said Brad Smith, Intuit president and chief executive officer. “At the same time, Dan is a strong leader to head up our Consumer Tax Group. His leadership will provide continuity and sustained momentum in our growing tax business.”
About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax® offerings, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit’s leading tax preparation software suites for professional accountants. The company’s financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.
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