Steve Tait, president of H&R Block's accounting subsidiary RSM McGladrey, plans to resign, effective April 30.
"Steve has made significant contributions to the success of RSM McGladrey since he joined the company in 2003," said H&R Block president and CEO Russ Smyth in a statement. "During his tenure, RSM McGladrey has more than doubled in size, has improved margins and has enhanced its brand awareness in the marketplace."
No reason was given for the resignation and no successor has yet been named. Smyth said that Block "is committed to finding an outstanding leader to fill this critical business position."
RSM McGladrey operates in an alternative practice structure with partner-owned auditing firm McGladrey & Pullen. Together they ranked fifth on Accounting Today's 2008 list of the
"It has been an honor to lead RSM McGladrey and a privilege to be part of this great organization," said Tait (pictured) in a statement. "From a personal perspective, however, I believe that this is a good time for me to pursue other avenues and to have someone else lead McGladrey on the next phase of its successful journey."
