H&R Block Continues Focus on Digital Transformation with Promotion of Paul Clark

Rhea-AI Summary

H&R Block (NYSE: HRB) has announced the promotion of Paul Clark to Vice President of Technology, overseeing cloud migration and IT infrastructure. Clark, who has been with the company for five years, has significantly contributed to its digital transformation strategy, leading initiatives that enhance agility and cost efficiency. His key achievements include the development of an automated infrastructure and a Cloud FinOps platform. H&R Block continues to focus on innovation in tax preparation services, financial products, and solutions for small businesses.

Positive

• Promotion of Paul Clark to Vice President of Technology enhances leadership in digital transformation.
• Clark's initiatives have improved overall business agility and cost efficiency.
• Successful development of a Cloud FinOps platform for better cost transparency.

Negative

• None.

Clark to Serve as Vice President of Technology

KANSAS CITY, Mo., April 04, 2022 (GLOBE NEWSWIRE) --  H&R Block (NYSE: HRB) today announced the promotion of Paul Clark to Vice President of Technology. In this role, Clark reports to Chief Information Officer Alan Lowden and leads cloud migration, IT infrastructure, network, telecom, and retail technology.

Clark has been with H&R Block for five years and has been instrumental in leading critical aspects of H&R Block’s cloud modernization initiatives, a strategic and foundational element of the company’s digital transformation strategy. Some of his recent accomplishments include leading the development of infrastructure that employs “everything as code” and automation to increase speed, quality, and reliability. Clark also led the creation of a Cloud FinOps platform to drive greater cost transparency and optimization. Additionally, he transformed infrastructure monitoring to a platform service to drive increased visibility to application health and quicker analysis. As a cultural champion, Clark has helped move the IT organization to greater levels of agility, transparency, and financial responsibility.

Prior to joining H&R Block, Clark was responsible for leading global cloud services and professional services for Lexmark Enterprise Software. Clark holds master’s and bachelor’s degrees in business administration from Kansas State University.

“Paul’s technical expertise, as well as strong leadership, has allowed us to make tremendous strides in our digital transformation journey,” said Jeff Jones, H&R Block President and CEO. “He has enabled us to increase overall business agility, accelerate innovation, and improve system resiliency and cost efficiency, and he will be an even greater asset to the team in his expanded role.”

About H&R Block

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with innovative products like Wave Money, a small-business banking and bookkeeping solution, and the only business bank account to manage bookkeeping automatically. For more information, visit H&R Block News or follow @HRBlockNews on Twitter.

For Further Information

Investor Relations:                 
Michaella Gallina, (816) 854-3022, michaella.gallina@hrblock.com
Jordyn Eskijian, (816) 854-5674, jordyn.eskijian@hrblock.com

Media Relations:                 
Angela Davied, (816) 854-5798, angela.davied@hrblock.com

 

FAQ

What is the significance of Paul Clark's promotion at H&R Block?

Paul Clark's promotion to Vice President of Technology is significant as it reflects H&R Block's commitment to digital transformation and strategic development in its IT infrastructure.

How has Paul Clark contributed to H&R Block's technology initiatives?

Paul Clark has led critical cloud modernization initiatives, including the development of automated infrastructure and a Cloud FinOps platform, enhancing cost efficiency and business agility.

What role does Paul Clark hold at H&R Block now?

Paul Clark now serves as the Vice President of Technology, responsible for leading cloud migration and overall IT strategy.

When was Paul Clark promoted to Vice President of Technology at H&R Block?

Paul Clark was promoted to Vice President of Technology on April 4, 2022.

What are H&R Block's focuses in the technology sector?

H&R Block focuses on cloud migration, IT infrastructure, and retail technology as part of its digital transformation strategy.