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CEO Leaves Block

Thursday, Jul 08 2010
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Russ SmythManagement turmoil at H&R Block escalated this week as CEO Russ Smyth resigned immediately from the role he had held at the tax services company for less than two years. That follows the departure this year of the company's chief financial officer and chief counsel. Block named Alan Bennett, who served as interim CEO in 2007 and 2008, to replace Smyth.

The company said Smyth left to become CEO of a private company in Chicago. That followed Smyth's declaration last month that Block's disappointing tax season was characterized by missed opportunities. Smyth's departure came after the April resignation of CFO Becky Shulman and a late June announcement that chief counsel Brian Woram was leaving.

 

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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