Payroll startup Deel names former Intuit executive Kauffman as CFO for IPO goal


Deel's new President and CFO Joe Kauffman sits, in Oakland, California, May 2024. Deel/Handout via REUTERS

(Reuters) -Deel on Monday appointed former Intuit executive Joe Kauffman as president and chief financial officer to support the payroll startup's possible plans to go public as soon as next year.

Kauffman succeeds founding CFO Philippe Bouaziz, who will take on the newly created role of executive chairman and chief strategy officer, said the Andreessen Horowitz-backed startup, which was valued at $17.3 billion in a fundraise last month.

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