H&R Block Tax Franchise Initiates Search for New General Counsel

KANSAS CITY, MO (MARKETWIRE via COMTEX) -- H&R Block (NYSE: HRB) today reported that the company is initiating a search for a new general counsel. Brian Woram, the company's current general counsel, will leave the company as of July 2 for a new leadership opportunity.

Since joining H&R Block in 2009, Woram has made several significant company contributions. "His seasoned and rational approach made him an important contributor in helping our senior leadership team establish the company's strategic three-year plan," said Russ Smyth, H&R Block's president and chief executive officer. "He played a critical role in the favorable settlement between RSM and McGladrey & Pullen, as well as directing the legal team in successfully resolving other outstanding litigation matters. His leadership will be missed."

As the company initiates an executive search for a new general counsel, Jim Ash will serve in the interim role. Ash was the company's interim general counsel in 2008-2009 providing valuable legal guidance through the sale of H&R Block Financial Advisors and other normal course of business legal matters.

About H&R Block

H&R Block Inc. (NYSE: HRB) is one of the world's largest tax services provider, having prepared more than 550 million tax returns since 1955. In fiscal 2010, H&R Block had annual revenues of $3.9 billion and prepared more than 23 million tax returns worldwide, utilizing more than 100,000 highly trained tax professionals. The Company provides tax return preparation services in person, through H&R Block At Home(TM) online and desktop software products, and through other channels. The Company is also one of the leading providers of business services through McGladrey.

SOURCE: H & R Block



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