H&R Block Inc. said that its chief operating officer, Jeffrey Yabuki, is stepping down to run data processing provider Fiserv Inc.

Yabuki will become president, chief executive and a member of the board of directors of the Brookfield, Wis.-based company. The move, to replace Fiserv's retiring top executive, Leslie M. Muma, will take place by Dec. 1.

Yabuki started with H&R Block in 1999 and has focused mostly on integrating the company's income tax work with its growing list of financial and investment services. He also ran the company's income tax division in 2003 and 2004.

Mark Ernst, H&R Block's chairman and chief executive, said that the company will immediately begin looking for Yabuki's replacement.

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