Financial Services Industry
Industry: Email Alert RSS FeedIntuit's Bennett Eyes a QuickBooks World
Accounting Technology, December, 2006
When Steve Bennett joined Intuit in 2000 as president and CEO, Intuit had about 4,500 full-time employees and revenue of nearly $1.1 billion. When the company's fiscal year ended on July 31, it employed about 7,500 people and had revenue of just over $2.3 billion. Bennett wasn't supposed to stay this long, but in 2004 he announced he would continue for an additional five years.
Along the way, the company has explored and abandoned vertical markets, while staying with newer endeavors such as payroll and payment processing. It has continued to increase market share with its QuickBooks Accounting line and it has a commanding presence in both consumer and professional tax preparation software. In this interview, Bennett addresses some of the issues that his company faces.With...
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