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Intuit CEO Pay Up One Third

Brad Smith, Intuit Intuit CEO Brad Smith had a very good fiscal 2014 when it came to compensation. Smith received $16.5 million in total pay for the year ended July 31, up 33 percent from $12.5 million in fiscal 2013. The total was pushed up by option awards, which more than doubled to $3.5 million for the recently ended year, up from $1.6 million.

He also received stock awards valued at $10.2 million, an increase of 16.1 percent from $8.8 million in the prior year. In another major category, Smith had $1.9 million in non-equity incentive compensation, a 69-percent rise from $1.1 million. His base salary was unchanged at $1 million.

Two named executives saw substantially smaller changes. CFO Neil Williams earned $5.5 million in total compensation, up 10.9 percent from $5.1 million. General Counsel Laura Fennell was given $4.1 million in compensation, a rise of 7.7 percent from $3.8 million.

Two other top managers were not named executives in fiscal 2013. SVP Susan Goodarzi, who leads the consumer tax group, received $5.6 million and SVP Dan Wernikoff, who leads the small business group, had $4.9 million in total compensation.

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