John Hewitt has been a thorn in the side of H&R Block Inc. (NYSE: HRB) for the past 35 years, founding its two largest competitors in the assisted tax preparation space, but he's now been fired as CEO of Liberty Tax Inc.
Hewitt, who founded Liberty Tax (Nasdaq: TAX) in 1997, was terminated by the company's board of directors on Wednesday. The Virginia Beach, Va.-based company already was in the process of implementing a succession plan for the CEO role since at least March, hiring Edward Brunot…
John Hewitt has been a thorn in the side of H&R Block Inc. (NYSE: HRB) for the past 35 years, founding its two largest competitors in the assisted tax preparation space, but he's now been fired as CEO of Liberty Tax Inc.
Hewitt, who founded Liberty Tax (Nasdaq: TAX) in 1997, was terminated by the company's board of directors on Wednesday. The Virginia Beach, Va.-based company already was in the process of implementing a succession plan for the CEO role since at least March, hiring Edward Brunot…