INTUIT EXECS GET HEFTY PAY RAISES

Brad SmithIntuit gave executives hefty compensation increases for the year ended July 31, bringing them closer to their 2008 earnings. And CEO Brad Smith had a very good year as his $13.9 million in total compensation more than tripled what he got in 2009. That total compared to $3.7 million last year and $11.6 million in fiscal 2008. Smith had the same $800,000 base salary as in 2009. But he had $8.5 million in stock awards, compared to just over $2 million in 2009 and $4.9 million in 2008. Read more...

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