Intuit Partners with Mayor Faulconer to Support “Women Drive Innovation” San Diego

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Collaboration Showcases How Women Fuel Innovation Economy

SAN DIEGO--(BUSINESS WIRE)-- To highlight the accomplishments of women who are driving San Diego’s innovation economy and celebrate American Business Women’s Day, Intuit Inc. (Nasdaq:INTU) joined Mayor Kevin L. Faulconer and other local businesses, to support Women Drive Innovation San Diego.

Women Drive Innovation San Diego is a new initiative composed of female leaders from local companies including Intuit, Qualcomm, SDG&E, HP and Illumina, who have come together with local universities and female entrepreneurs to highlight the amazing accomplishments of women in San Diego.

“San Diego’s economy is strongest and most dynamic when we have diversity at every level of our workforce,” Mayor Faulconer said. “Though more and more women are pursuing careers in science, technology, engineering and math, there is still more work to do. Initiatives like this encourage young women to pursue these good-paying jobs and take leadership roles in growing our local innovation economy.”

According to the U.S. Department of Commerce, female employees fill fewer than 25 percent of STEM (science, technology, engineering and math) jobs — even though they make up nearly half of the overall workforce. Only five percent of startups are led by women. The goal of the Women Drive Innovation campaign is to inspire more women to pursue careers and start STEM-related businesses.

This initiative coincided with Intuit having recently been named as one of Fortune’s 100 Best Workplaces for Women.

“At Intuit, we have a long history of attracting, developing and promoting women across our company, which is reflected in our leadership ranks, where women hold 33 percent of all leadership roles,” said Whitney MacDougall, vice president, Corporate Affairs. “We are proud to be part of this initiative and to help San Diego companies cultivate a talented, engaged and diverse workforce that drives innovation.”

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® and TurboTax®, which make it easier to manage small businesses and tax preparation and filing. Mint provides a fresh, easy and intelligent way for people to manage their money, while Intuit's ProConnect brand portfolio includes ProConnect Online, ProSeries® and Lacerte®, the company's leading tax preparation offerings for professional accountants.

Founded in 1983, Intuit had revenue of $4.7 billion in its fiscal year 2016. The company has approximately 7,900 employees with major offices in the United States, Canada, the United Kingdom, India, Australia and other locations. More information can be found at www.intuit.com.

Intuit Inc.
Rob Castro, 858-603-2871
rob_castro@intuit.com

Source: Intuit Inc.

Released September 22, 2016