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KANSAS CITY - H&R Block, Inc. (NYSE:HRB) announced Monday that President and CEO Jeffrey J. Jones II will retire on December 31, 2025, after eight years leading the tax preparation company.
Curtis Campbell, currently H&R Block’s President of Global Consumer Tax and Chief Product Officer, will succeed Jones as CEO effective January 1, 2026. Campbell joined the company in May 2024 after previously serving as President and CEO of TaxAct.
Jones, who became CEO in 2017, will remain on the company’s board until his retirement date and will continue as a Strategic Advisor through September 2026 to facilitate the leadership transition.
During Jones’ tenure, H&R Block implemented several strategic initiatives including Upfront Transparent Pricing and expanded into small business services and mobile banking through its Spruce platform. The company also increased its quarterly dividend by approximately 70% and repurchased about 40% of its outstanding shares, returning over $4.0 billion to shareholders.
"Leading H&R Block over the last eight years has been the honor of a lifetime," Jones said in the press release announcing the transition.
Campbell brings tax industry experience from his time at TaxAct, where he led a transformation that resulted in double-digit revenue growth during his five-year tenure. His previous roles include executive positions at Capital One, Intuit, and Amazon Web Services.
Board Chair Richard A. Johnson stated that Campbell’s appointment followed a "comprehensive succession-planning process" and was unanimously supported by H&R Block’s Board of Directors.
The leadership change comes as H&R Block continues to adapt its business model to changing consumer preferences and technological advancements, including the recent implementation of AI-assisted tax preparation services.
In other recent news, H&R Block has announced the extension of its $1.5 billion credit facility’s maturity date to July 11, 2030, through a revised agreement by its subsidiary, Block Financial LLC. This amendment, with JPMorgan Chase Bank as the administrative agent, also includes updates to the interest rate table, while other terms remain largely the same. Additionally, H&R Block has made significant leadership appointments, naming Jason Lenhart as Senior Vice President and Chief Technology Officer and Monika Mehrotra as Senior Vice President, Operations & Technology. Lenhart, who previously worked at JetBlue, will oversee the company’s engineering teams in developing product-driven solutions. These developments reflect H&R Block’s ongoing efforts to strengthen its financial position and leadership team.
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