Intuit CEO joins Nordstrom board

Seattle – Brad Smith, president and CEO of Intuit Inc., has joined the board of directors of Nordstrom. Smith, who has been with Intuit since 2003, was named president and CEO in 2008. Prior to joining Intuit, Smith held sales, marketing and management roles with companies including ADP, PepsiCo, Seven-Up and Advo. He is also a former director of Yahoo.

“Brad adds to the already strong talent and diverse expertise represented on our board,” said Enrique Hernandez, Jr., chairman of the board of directors for Nordstrom. “In addition to his corporate governance experience as a public company director, he brings an impressive track record of leading a successful customer-driven business with a reputation for developing innovative products and solutions. We’re delighted to have him on our team and look forward to his contribution as we work to improve the service experience and extend our reputation with customers and shareholders alike.”

Nordstrom directors serve one-year terms, and all board members must be elected annually. Smith’s addition brings the total number of directors to 12, nine of whom serve as independent directors.