Scott Cook

Scott Cook
Cook at SXSW, 2017
Born Scott David Cook
1952 (age 65–66)
Residence Woodside, California, US
Nationality American
Occupation Businessman
Known for Co-founder of Intuit
Net worth US$3.8 billion (July 2018)[1]
Title Chairman of the executive committee, Intuit
Board member of eBay
Procter & Gamble
Spouse(s) Signe Ostby
Children 3
Relatives Kaley Cuoco (daughter-in-law)

Scott David Cook (born 1952) is an American billionaire businessman, co-founder of Intuit, director since March 1983 and chairman of the executive committee. Cook is a director of eBay and Procter & Gamble.

Early life

Cook holds a bachelor's degree in economics and mathematics from the University of Southern California and an MBA from Harvard Business School, where he serves on the dean's advisory board.

Career

Cook started his career at Procter & Gamble in Cincinnati, Ohio, where he learned about product development, market research, and marketing. He then took a job in strategic consulting at Bain & Company in Menlo Park, California. Cook soon began using the insights he was learning there to look for an idea for a company of his own. That idea came to him one day when his wife was complaining about paying the bills. With personal computers just coming out at the time, Scott thought there might be a market for basic software that would help people pay their bills. He launched Intuit in 1983, which today offers software and online products to help individuals and small companies manage their finances.[1]

He was Intuit's chairman from February 1993 to July 1998. From April 1983 to April 1994, he served as president and CEO of Intuit.

In 2002, Cook and his wife, Signe Ostby, established the Center for Brand and Product Management at the University of Wisconsin–Madison School of Business, the nation's first university-based center focused exclusively on training MBAs in brand and product management. Cook and Ostby both started their careers in brand management.

In 2005, Cook was #320 on the Forbes 400, with a net worth of $1.1 billion. Since the 1990s, he has "more than doubled his donations to Republicans and Democrats, giving the maximum [in 2007] to mainstream politicians such as Mitt Romney and Harry Reid."[2]

Personal life

Cook is married to Signe Ostby. Ostby worked for Procter & Gamble and Clorox before she launched Software Publishing Corporation, making productivity software for personal computers.[3] They have three children, and live in Woodside, California.[1] Their son Karl Cook is an equestrian, and married to the actress Kaley Cuoco.[4]

References

  1. 1 2 3 "Forbes profile: Scott Cook". Forbes. Retrieved 2 July 2018.
  2. ↑ Harkinson, Josh. The Apostles of Ron Paul, Mother Jones (January/February 2008)
  3. ↑ "Signe Ostby CBPM Founder". Wisc.edu. Retrieved 4 November 2014.
  4. ↑ Mehta, Maitri. "Kaley Cuoco Is Engaged & Her Fiancé Proposed In The Most Dramatic Way". Retrieved 1 July 2018.
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