Stephen M. Bennett is a notable figure in the tech world, best known for his role as the President and CEO of Intuit from January 2000 to January 2008. His leadership at Intuit coincided with the company ramping up its...
Stephen M. Bennett is a notable figure in the tech world, best known for his role as the President and CEO of Intuit from January 2000 to January 2008. His leadership at Intuit coincided with the company ramping up its services, particularly with products like TurboTax and QuickBooks. During his time, he was granted a staggering 800,000 stock options right at the start of his tenure, which revealed the company's faith in his vision for growth. In fiscal 2007, he took home a mix of salary and bonuses that reached approximately $3.25 million, showing how performance-driven his role was. However, his impact wasn’t just about numbers; he nurtured future leaders, seen in the transition to CEO Brad Smith. After stepping down as CEO, he didn’t just vanish. Instead, he remained engaged as a consultant, collecting about $91,700 a month until the summer of 2008. By 2009, he decided to leave the Board of Directors to explore new opportunities. His decision to step away highlighted a desire to push forward rather than linger in comfort. With a Bachelor's degree in Business Administration from the University of Wisconsin and experience at General Electric before Intuit, Bennett's approach combined technical knowledge with strategic talent management.