Bloomberg.com has reported that the executive in charge of Intuit’s QuickBooks software has resigned. Intuit small business Voce President Dan Nye resigned for personal reasons, according to the report. Intuit CEO Steve Bennett will direct the company’s Small Business Division until Nye’s replacement has been named.
Earlier this month, Intuit reported that its third-quarter sales would miss forecasts specifically because of slow sales of QuickBooks. Intuit expects third quarter sales to come in at US$425 million to $450 million, substantially off many analysts’ expectations.
Intuit has long been under fire from Mac users who are incensed at the company’s refusal to support the Macintosh with new versions of QuickBooks. Although Intuit still continues to support the Mac with its Quicken 2001 Deluxe personal finance software, many Mac-dependent small business owners would like to be able to use QuickBooks, which provides bookkeeping and accounting functions specifically for small businesses.
Nye started at Intuit in 1995, where he worked as product manager for QuickBooks. He retained several QuickBooks-related positions at Intuit to eventually become the vice president and general manager of the Small Business Division. Prior to his tenure at Intuit, Nye worked for Procter and Gamble. He holds an MBA from Harvard Business School and a BA from New York’s Hamilton College.