H&R Block, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by H&R Block, Inc. on January 5, 2018, covering events occurring on January 3, 2018. The filing addresses a change in senior management personnel.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance and personnel matters.
Material Changes
On January 3, 2018, the Company and Kathryn M. Collins mutually agreed that her last day of employment as Senior Vice President and Chief Marketing and Strategy Officer will be January 17, 2018.
Outlook, Risks, and Contingencies
Ms. Collins is entitled to receive applicable payments pursuant to the H&R Block Executive Severance Plan (as amended and restated effective November 8, 2013). These payments are subject to the execution of a Severance and Release Agreement. The filing incorporates by reference the Executive Severance Plan previously filed as Exhibit 10.1 to an 8-K dated November 8, 2013.
Key Facts for Investor Verification
- Departure date of Kathryn M. Collins is set for January 17, 2018.
- Severance payments are contingent upon the execution of a release agreement.
- Details of the compensation package are governed by the Executive Severance Plan filed in 2013 and described in the August 2, 2017 Proxy Statement.