Avalara has named Richard Asquith as VP of global tax compliance. The Bainbridge Island, Wash.-based company says Asquith's hiring is part of its plan to develop its transactional tax compliance offerings internationally. Based in the United Kingdom, Asquith founded the TMF Group and led its global VAT practice for 10 years. He began his career at KPMG in the U.K. and later joined Ernst & Young, and assisted companies entering in new markets while working in Russia, Hungary and France.
Whether Microsoft's cloud ERP is real or not, compensation for its named executives was certainly in the cloud for the year ended June 30. The group saw its pay balloon from the value of stock awards granted. At the top, new CEO Satya Nadella had total compensation of $84.3 million, with $79.7 million from the stock grants. Nadella took over the job in February left by founder Steve Ballmer and you'd have to call this a pretty good fiscal 2014 for the new top guy. COO Kevin Turner pulled down $22.7 million, just over $19 million from the stock. General counsel Brad Smith had $19.1 million in compensation; just under $17 million from stock awards.
Reseller Microtask Consulting took home the President's Award for Outstanding Performance for 2014 at AccountMate's recent reseller conference. The Teaneck, N.J.-based company also received the company's International Partnership Award. Microtask has been led since August 1987 by managing partner Luis Leon. Houston, Texas-based Koenig Software Systems, led by Ken Koenig, was given the Director of Sales Award.