Intuit CEO Resigns; Returns to Entrepreneur Role

Intuit [1] has announced that CEO Bill Harris has resigned his position to pursue entrepreneur activities. Replacing him on an interim basis is chairman Bill Campbell.

Harris is credited with developing and creating the company's Internet business as a hub for online financial services. Twenty percent of Intuit's revenues over the past six months were derived from the Internet.

Harris has spent seven years with the company, beginning his role as executive vice president for the tax division in 1993, and progressed to CEO in 1998.