H&R Block, Inc. has announced a leadership succession plan, with Jeffrey J. Jones II retiring as President and CEO on December 31, 2025. Curtis Campbell, the current President of Global Consumer Tax and Chief Product Officer, will take over as CEO on January 1, 2026.
During Jones' tenure as CEO, the company made significant strides in addressing changing consumer needs, including the introduction of upfront transparent pricing and efforts under the "Block Horizons" strategy, which focused on small business services, Spruce mobile banking, and the omnichannel tax experience. Under his leadership, the company increased its quarterly dividend by 70% and repurchased approximately 40% of its outstanding shares, returning over $4.0 billion in capital to shareholders. The company's stock price increased by 123%, and its market capitalization grew from $5.5 billion to $7.4 billion.
Curtis Campbell's appointment as the new CEO follows a comprehensive succession-planning process and was unanimously supported by H&R Block's board of directors. Campbell, who joined the company in May 2024, is credited with leading an enterprise-wide agenda to deliver customer-centric strategies and exceptional client and tax professional outcomes, focusing on achieving strong financial performance for the global consumer tax business.
Prior to joining H&R Block, Campbell held executive roles at Capital One, Intuit, and Amazon Web Services, and served as President and CEO of TaxAct, where he led the company through a dramatic transformation resulting in double-digit revenue growth during his five-year tenure.
As the new CEO, Campbell expressed his excitement to lead the company into its next phase of growth and to continue delivering on its purpose of providing help and inspiring confidence in its clients and communities everywhere.
Jeffrey J. Jones II will remain a strategic advisor at the company through September 2026, and he and Curtis Campbell will work closely to orchestrate a smooth leadership transition until Campbell assumes the role of President and CEO on January 1, 2026. As a result of these announcements, the company's shares have moved -1.14% on the market, and are now trading at a price of $54.72. If you want to know more, read the company's complete 8-K report here.