Document Management
- Parent Category: ROOT
- Monday, 13 August 2018
- Published Date
- Written by The Progressive Accountant
Jeff Jones, who became CEO in October, was paid $11.9 million by H&R Block for the year ended April 30. His compensation included a $950,000 cash sign-on bonus, stock awards valued at $7.9 million and stock options worth $1.4 million. His salary for the partial year was $697,047 and he also received non-equity incentive compensation $941,420.
Jones replaced William Cobb, who retired last year. Cobb, who was paid $595,47 for the partial year, received slightly more than $8 million for fiscal 2017. Cobb joined the tax services company as CEO and president in May 2011.
CFO Tony G. Bowen was paid $1.9 million for the most recently ended year, an increase of 13.4 percent from $1.7 million the prior year. Kellie J. Logerwell, chief accounting officer, was paid $595,470 in fiscal 2018. Former chief marketing and strategy officer Kathryn M. Collins, who left in January, received $1.2 million. Neither Lorgerwell nor Collins were named executives in fiscal 2017.