leadership
confidence high
sentiment positive
materiality 0.65
H&R Block signs CEO Jeff Jones to new five-year employment agreement through Nov 4, 2026
H&R BLOCK INC
- Base salary of $995,000; short-term incentive target raised to 150% of base salary.
- Long-term incentive awards target of $6.2 million annually beginning fiscal year 2023.
- Agreement replaces prior 2017 contract; severance includes 2x base plus 2x target STI in certain terminations.
- Restrictive covenants include non-compete, non-solicit, non-disparage for 2 years after employment.
- Press release highlights Jones' role in Block Horizons 2025 strategy and best tax season in over a decade.