H&R Block announces new five-year contract for President and CEO Jeff Jones

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KANSAS CITY, Missouri, Nov. 04, 2021 (GLOBE NEWSWIRE) – H&R Block (NYSE: HRB) today announced a new employment contract with President and CEO Jeff Jones for a second five-year term, until ‘as of November 4, 2026. The Board of Directors is pleased to enter into a new contract with Jones ahead of its expiration as it ensures Jones’ continued leadership of the Block Horizons 2025 transformation strategy, as well as his strong commitment to H&R Block .

“Jeff has been a change maker for H&R Block,” said Robert A. Gerard, Chairman of the Board of H&R Block. “His leadership and vision have been instrumental in introducing the company to a new generation of individuals and small business owners, and in expanding the company’s offerings to help build customer confidence. financial throughout the year. Last year, in partnership with our franchisees and associates across the country, he led the business to its best fiscal season in over a decade, providing a solid foundation for continued growth under Block Horizons 2025. Jeff is a great leader and the board is more confident than ever in their ability to drive transformation and stakeholder value.

Jones joined H&R Block in August 2017, and under his leadership the company transformed the tax industry with the launch of the initial transparent pricing, making it the only major national brand to provide customers with pricing and pricing information. fees before the tax return preparation process begins. Also under Jones, the company expanded its services to small business owners through Block Advisors and the acquisition of Wave Financial in 2019, and committed to supporting 500 communities and 500,000 small businesses in five years through to a new community impact program, Make Every Block Better, as well as going beyond diversity and inclusion and creating a sense of belonging for all associates with Belonging @ Block. In 2020, Jones announced Block Horizons 2025, the company’s long-term growth strategy. By strengthening entrepreneurship and helping small business owners thrive, developing new products and experiences that build trust and help ease the financial burden, and reimagining tax preparation for a digital world of First, the company retains the best of its heritage as an iconic American Brand, while evolving to meet today’s customers where they are.

“Over the past four years, our team has worked tirelessly to dramatically improve the way we innovate, serve customers and live our purpose,” Jones said. “While our work is not done, we have made great strides and I am delighted to have the support of our Board of Directors as we accelerate Block’s transformation and continue to create value for our stakeholders. I am proud to lead this team and I am excited about what we will achieve together in the years to come. “

About H&R Block

H&R Block, Inc. (NYSE: HRB) provides help and instills confidence in its clients and communities around the world through global tax preparation, financial products and solutions for small businesses. The company combines digital innovation with the human expertise and care of its associates and franchisees, as it helps people achieve the best results at tax time and better manage and access their money throughout the life cycle. ‘year. Through Block Advisors and Wave, the company is helping small business owners thrive with innovative products like Wave Money, a small business banking and accounting solution, and the only professional bank account that automatically manages accounting. For more information, visit H&R Block News or follow @HRBlockNews on Twitter.

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Source: HRB Tax Group, Inc.


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