Dan Druker, senior vice president of marketing at cloud-based financial and accounting software provider Intacct Corp., has quietly left the company after nearly five years of service.

While the company declined to comment on the departure, there had been some speculation that Druker’s exit came as the company was getting close to an IPO or an acquisition deal with Intuit —a relationship he claims he helped forge during his tenure.

While Intacct’s own exit strategy remains to be seen, Druker cited wanting to take time to spend with his family and plan his next career move, though his own recent financial position aided his decision.

“As of last fall my [stock] options fully vested, and I stayed on a bit longer to sign and kick off the Intuit partnership,” he explained. “I’m really proud of the work I did at Intacct—from bringing in the AICPA [via CPA2Biz] and Intuit partnerships to building out a killer team to recruiting [vice president of channels] Taylor Macdonald and [senior channel manager] Peyton Burch into the company to driving really rapid growth and positioning the firm as the number two player in the cloud ERP space. I’m totally bullish on Intacct’s future—there is no company in the financial applications and accounting marketplace better placed to take advantage of the cloud computing movement—and the channel and partner opportunity is just enormous. But after four and a half years it was time for me to move on to the next challenge and to start building equity again.”

In reference to the Intuit relationship, Intuit quietly formed the partnership with Intacct in late December, whereby QuickBooks users who have “outgrown” the product are being advised to consider Intacct. QuickBooks users were informed of the move via email, as well as on a QuickBooks Enterprise website on which the two companies had partnered, with a link to a best practices financial management kit designed by Intacct for those considering a move away from QuickBooks.

Prior to joining Intacct, Druker spent a year at email security and archiving services company Postini, and a few years at IBM.

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