H&R Block Co-Founder Retires This Fall
The news also comes just after the company's first quarter earnings were announced April 30; earnings were up 10 percent from the same time in 1999.
Named to head the firm will be Frank L. Salizzoni, currently CEO, who will become chairman. Mark Ernst, currently president and COO, will become president and chief executive. Bloch will become honorary chairman upon his retirement.
In the past several years, Block has gotten away from its primary brand as a four-month-a-year strip mall tax preparation center into more diversified and expanded services, such as online financial preparation, mortgage services and other areas.