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Intuit Appoints Bill McDermott, Adena Friedman to Board


Intuit Appoints Bill McDermott, Adena Friedman to Board
  • by: Source Logo
  • |
  • November 20, 2025

Intuit is strengthening its board leadership with significant appointments from the enterprise AI and financial technology sectors as the company advances its AI-driven expert platform strategy. The global financial technology platform has announced that Bill McDermott, Chairman and CEO of ServiceNow, and Adena Friedman, Chair and CEO of Nasdaq, will join its Board of Directors effective August 1, 2026. The company also revealed that CEO Sasan Goodarzi will assume the additional role of Board Chair, while Director Vasant Prabhu will become Lead Independent Director starting January 22, 2026.

Quick Intel

  • Intuit appoints ServiceNow CEO Bill McDermott to its board.

  • Nasdaq CEO Adena Friedman also joins the board of directors.

  • Both appointments effective August 1, 2026.

  • CEO Sasan Goodarzi to become Board Chair in January 2026.

  • Director Vasant Prabhu to serve as Lead Independent Director.

  • Board Chair Suzanne Nora Johnson and member Ryan Roslansky stepping down.

Enterprise AI and Fintech Expertise

The board refresh brings together two of the most respected leaders in enterprise technology and financial markets. Bill McDermott brings deep expertise in AI-powered transformation and scaling platform businesses from his leadership roles at ServiceNow and previously as CEO of SAP. His experience in driving complex, global enterprise sales and platform technology scaling will be particularly valuable as Intuit focuses on serving more complex business customers.

Adena Friedman contributes unparalleled knowledge in financial technology, banking, and leveraging AI to transform regulated industries from her tenure leading Nasdaq. Her background includes serving as President, Chief Operating Officer, and Chief Financial Officer at the global exchange operator, giving her comprehensive insight into financial services technology transformation.

Strategic Leadership Transition

The board changes represent a strategic evolution in Intuit's governance structure. CEO Sasan Goodarzi's appointment as Board Chair consolidates leadership as the company executes its AI-driven strategy, while Vasant Prabhu's role as Lead Independent Director ensures strong independent oversight. The transitions of Board Chair Suzanne Nora Johnson and Board member Ryan Roslansky reflect a planned refreshment of the board's composition.

Sasan Goodarzi, CEO of Intuit, emphasized the strategic value of the new appointments, stating: "We have strong momentum in executing our strategy to be the global AI-driven expert platform, and our all-in-one consumer and business platforms are solving our customers biggest problems and fueling their financial success. Bill and Adena are transformative leaders in enterprise technology and global financial services, respectively, and we are honored to welcome them to Intuit's board of directors. Bill's deep expertise in AI-powered transformation and scaling platform businesses will be invaluable as we focus on servicing more complex business customers. Adena brings unparalleled knowledge in fintech, banking, and leveraging AI to transform regulated industries."

Vision for AI-Driven Financial Prosperity

Bill McDermott expressed enthusiasm for joining Intuit's board, commenting: "Intuit is transforming the world's most critical financial challenges into engines of growth for the people and communities they serve. I couldn't be more excited to partner with Sasan Goodarzi, whose bold vision for platform-based innovation is setting a new standard of excellence for the industry. It's an honor to join the Board of a company that puts people at the center of its mission, creating financial prosperity in this AI revolution."

Adena Friedman highlighted Intuit's culture of innovation, noting: "Intuit's culture of innovation is driving accelerated growth as it becomes the system of intelligence powering financial success for consumers and businesses. I've long admired Intuit's deep commitment to its customers and its mission to power prosperity around the world. I'm honored to join the Board and support their efforts to expand financial wellbeing and create greater opportunity for individuals and businesses."

These strategic board appointments position Intuit with enhanced leadership expertise as the company continues to develop its AI-driven financial technology platform serving approximately 100 million customers worldwide through products including TurboTax, Credit Karma, QuickBooks, and Mailchimp.

About Intuit

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible.

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