Intuit Names New CFO

Intuit appointed R. Neil Williams as its new chief financial officer, succeeding Kiran Patel, who in June became general manager and senior vice president of the company's consumer tax business.

Most recently Williams worked as CFO and senior vice president of Visa U.S.A. While there, he also held the role of CFO at Inovant, Visa's global IT organization.

Before he joined Visa, Williams worked in the financial services industry. He received a B.S. in Business Administration from the University of Southern Mississippi and is a CPA.

Williams will report to Brad Smith, who is scheduled to become CEO in January of the tax and accounting software company. Smith is succeeding Steve Bennett, who announced plans to step down in August (see Intuit CEO Steps Down).

"Neil understands the drivers of the business, how to improve shareholder value, and brings a successful track record of leading and transforming organizations," Smith said of Williams. "We look forward to his leadership as we take Intuit into our next phase of growth."

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