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Intuit's Brad Smith. Photo by Stephen McCarthy via Getty Images

TurboTax maker Intuit today said that CEO Brad Smith will step down at year-end, at which point he'll become executive chairman. The CEO role will go to Sasan Goodarzi, who currently leads Intuit's small business and self-employed group.

  • The company also said chief technology officer Tyloe Stansbury will leave at year end, to be succeeded by Marianna Tessel.

Why it matters: Smith has one of the longer CEO tenures in Silicon Valley, with Intuit saying it generated more than a 600% shareholder return during his 11 years at the helm.

Go deeper

Georgia governor declines Trump's request to help overturn election result

Georgia Gov. Brian Kemp. Photo: Elijah Nouvelage/Getty Images

Georgia Gov. Brian Kemp pushed back on Saturday after President Trump pressed him to help overturn the state's election results.

Driving the news: Trump asked the Republican governor over the phone Saturday to call a special legislative session aimed at overturning the presidential election results in Georgia, per the Washington Post. Kemp refused.

Philanthropy Deep Dive

Illustration: Aïda Amer/Axios

A look at how philanthropy is evolving (and why Dolly Parton deserves a Medal of Freedom).