Block (H.&R.), Inc. Stock Price, News & Analysis

H&R Block (NYSE: HRB) has appointed Amy Labroo as Vice President of Growth Marketing and Engagement, enhancing its marketing strategy under Chief Marketing Officer Jill Cress. Labroo, previously at Revlon, will leverage her extensive experience in digital and performance marketing to drive customer engagement. The appointment aligns with Block's 'Horizons 2025' growth strategy, focusing on data to improve customer acquisition and retention. H&R Block aims to bolster its marketing capabilities to achieve long-term business growth.

Kirk Simpson, co-founder and CEO of Wave Financial Inc., will step down at the end of June 2022 after 12 years. Zahir Khoja, former General Manager at Afterpay and with extensive experience at MasterCard, will take over as CEO on July 1. Under Simpson's leadership, Wave achieved a significant milestone of $100 million CAD in annual revenue. Simpson will serve in an advisory role for 90 days post-departure, while the current leadership team remains intact. This leadership transition underscores Wave's commitment to supporting small business owners and driving innovation in the fintech sector.

H&R Block (NYSE: HRB) has initiated its summer internship program, hosting over two dozen interns from 10 universities. The program focuses on four key pillars: professional development, community giveback, social, and networking. Interns will engage in workshops for skill enhancement and participate in community service projects. The initiative aims to foster confidence and readiness for future careers while promoting a sense of belonging within the company culture.

H&R Block awarded $150,000 in scholarships to 15 high school seniors through its Children of Associates Premier Scholarship (CAPS) program. Each recipient will receive $10,000, contributing to the over $1.1 million awarded in the last 11 years. The winners, chosen for their leadership and community service, include students who developed climate literacy campaigns, created educational resources during the pandemic, and initiated sustainable projects. These scholarships underscore H&R Block's commitment to enhancing community ties and fostering future leaders.

H&R Block (NYSE: HRB) is set to host investor meetings at the Baird 2022 Global Consumer, Technology & Services Conference on June 7, 2022. The company's CFO, Tony Bowen, will participate in a fireside chat at 11:25 a.m. ET that day, with a live stream available online. A replay will be accessible by 12:30 p.m. ET for 90 days. H&R Block offers tax preparation and financial services, blending digital innovation with expert support to assist clients.

H&R Block (NYSE: HRB) partners with Nextdoor for the third consecutive year to support community projects across the U.S. The initiative, dubbed Make Every Block Better, aims to energize neighborhoods with 11 selected projects in 2022. These projects, driven by community nominations, will enhance local gathering spaces and promote community interaction. H&R Block’s goal is to positively impact 500 communities by 2025, fostering connections and reducing social isolation through collaboration with local residents and businesses.

H&R Block executives Karen Orosco and Tiffany Monroe are mentoring international businesswomen Neha Mehta from India and Yara Argueta from Guatemala as part of the Fortune - U.S. Department of State Global Women’s Mentoring Partnership. The program runs through May 23, 2022, focusing on leadership and networking opportunities. H&R Block is also committed to increasing female representation in leadership roles and promotes gender diversity through various initiatives, including the Catalyst CEO Champions for Change and the Council for Inclusive Capitalism.

H&R Block (NYSE: HRB) launched the IT Accelerate program to enhance tech talent development, hiring over 50 new engineers in 2022. This 12-month initiative focuses on attracting diverse backgrounds, with over half of participants representing gender or ethnically diverse groups—more than double the national average in the tech field. The program aims to provide immersive onboarding and support for early-career professionals transitioning into tech roles, furthering the company's commitment to innovation and superior digital services.

H&R Block (NYSE: HRB) announced on May 11, 2022, that CEO Jeff Jones has joined the Council for Inclusive Capitalism, aiming to foster a more inclusive and sustainable economy. The Council focuses on measurable actions to promote equality and fairness. H&R Block's commitments include launching the Spruce mobile banking platform, providing 1 million volunteer hours by 2025, and supporting small business owners. This engagement aligns with H&R Block's strategy to enhance financial health and reduce environmental impact.