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Intuit Executive Compensation Down

Neil Williams, IntuitCompensation for four top Intuit executives dropped for the year ended July 31. Pay in three of four major compensation categories declined for each as stock and option awards, along with non-equity incentive compensation, all fell.

CEO Brad Smith had $16.4 million in compensation; a decline of 12.8 percent from $18.8 million for fiscal 2016. A major part of that change was a stock award of slightly less than $10 million for the most recently ended year, down 13.7 percent from $11.6 million a year ago.

Smith had largest percentage decline followed by CFO Neil Williams, who is retiring in January after holding his job since January 2008. Williams earned $6.9 million last year, down 13.2 percent from $7.9 million the prior year.

Sasan Goodarzi, EVP of the company's small business group, received $9.4 million in fiscal 2017, down 8.2 percent from $10.2 million. Dan Wernikoff, EVP of the TurboTax business, had $9.6 million in compensation last year, off 5 percent from $10.1 million.

Chief technology officer Tayloe Stansbury was given $6.9 million last year, a 6.5-percent drop from $7.3 million in fiscal 2016.

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