"Brad is a proven business and financial leader, with a track record of driving growth and strategic change within companies," said Steve Bennett, Intuit president and chief executive officer. "He led significant process improvement while at Synopsys, helping to guide the company to greater levels of growth, efficiency and performance. His broad level of business experience and expertise is an asset to Intuit, our customers and our shareholders."

Henske was formerly CFO for Synopsys, Inc., a leader in electronic design automation tools, where he was responsible for a mix of worldwide financial and administrative functions. While at Synopsys, he built a world-class finance organization and revamped the company's revenue licensing model. Prior to Synopsys, he was partner at Robert M. Bass Group. He also held the position of EVP and CFO at American Savings Bank and several senior positions within Bain & Company.

"I am excited to join Intuit at a key time in its history," said Henske. "Intuit is a company with great assets, including an unique dedication to its customers that will help propel greater growth. I'm eager to join the great team that has come together at Intuit and play a leadership role in driving the business forward."

Henske replaces former CFO Greg Santora, who announced his retirement in August 2002. Santora will remain on board for a short period of time to ensure a seamless transition.