By Jaspreet Singh

(Reuters) -Deel on Monday appointed former Intuit executive Joe Kauffman as 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.

The California-based company is strengthening its financial and governance structures with new executive hires, as it pursues further expansion after striking 13 deals in six years.

“We don’t have an exact timing in place now, but IPO is definitely the intent,” Kauffman told Reuters. “With two IPOs under my belt, I’m looking for a hat-trick.”

Kauf

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