Five new members of the board of directors have been elected this month by Liberty Tax. The new faces signal the takeover of the tax services company by Vintage Tributum, an affiliate of Vintage Capital Management, which purchased the controlling Liberty shares of founder and former CEO John Hewitt.

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.

A former Durant, Miss., resident has pleaded guilty to filing more than 550 tax returns which sought more than $3.5 million in undeserved refunds. Teresa C. Chism also failed to file her own individual income tax returns for tax years 2013 through 2015 even though she earned more than $100,000 during that period.