EXHIBIT 99.01
Published on June 11, 2007
Exhibit 99.01
Contacts:
|
Investors | Media | ||
Bob Lawson | Holly Perez | |||
Intuit Inc. | Intuit Inc. | |||
650-944-6165 | 650-944-6482 | |||
robert_lawson@intuit.com | holly_perez@intuit.com |
Intuit Names Edward A. Kangas and
Suzanne Nora Johnson to Board of Directors
Suzanne Nora Johnson to Board of Directors
MOUNTAIN VIEW, Calif. June 11, 2007 Intuit Inc. (Nasdaq: INTU) today
announced the appointment of Edward A. Kangas, chairman of Tenet Healthcare, and Suzanne Nora
Johnson, former vice chairman of The Goldman Sachs Group, to its board of directors. The
appointments, which become effective in July, will bring the total number of Intuit board members
to 11.
Kangas, 62, previously served as global chairman and chief executive officer of Deloitte,
where he designed and led the integration of a worldwide firm that today has revenue of $23 billion
and more than 150,000 employees in 100 countries. His current board participation spans the health
care, technology and real estate industries. He holds a bachelors and masters degree in business
from the University of Kansas. Kangas is expected to serve as a member of Intuits Compensation and
Organizational Development Committee.
With more than two decades with The Goldman Sachs Group, Nora Johnson, 49, has served as the
firms chairman of the global markets institute, head of the global investments research division,
senior director and member of the firms management committee. Her board affiliations include the
Brookings Institution, Carnegie Institution of Washington, American Red Cross, RAND Health and the
Markle Foundation. Nora Johnson, who ranked on Forbes list of The Worlds 100 Most Powerful
Women for 2006, earned a bachelors degree from the University of Southern California and a juris
doctor from Harvard Law School. She is expected to serve as a member of Intuits Audit Committee.
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Intuit Board of Directors
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As we expand into the areas of online banking and health care to better serve our customers
needs, Edward Kangas and Suzanne Nora Johnson offer a wealth of experience, passion and perspective
that will help further Intuits success, said Intuit Chairman Bill Campbell.
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® software, simplify small business management and payroll processing, personal finance,
and tax preparation and filing. ProSeries® and Lacerte® are Intuits leading tax preparation
software suites for professional accountants. The companys 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.
Founded in 1983, Intuit had annual revenue of $2.3 billion in its fiscal year 2006. The
company has more than 8,100 employees with major offices in the United States, Canada, the United
Kingdom and other locations. More information can be found at www.intuit.com.
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