Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Xero appoints Chorus GM Crone as New Zealand chief

Xero appoints Chorus GM Crone as New Zealand chief to drive local sales

By Suze Metherell

Jan. 15 (BusinessDesk) – Xero has appointed Chorus marketing and sales general manager Victoria Crone to head its local operation as cloud-based accounting software maker continues its drive to grab customers.

Crone will join Xero’s Auckland office in April this year as New Zealand managing director, joining the Wellington-based accounting software maker after 18 years with Telecom and Chorus. She previously managed Telecom’s sales strategy and operations for its retail arm, and developed Telecom’s approach to future services and products.

Xero is forgoing short-term profits as its chases one million customers worldwide, crossing the 200,000 mark at the end of last September. Its New Zealand unit still dominates, with 85,500 local customers as at Sept. 30, about 40 percent of its client base. That’s down from 51 percent a year earlier, when it had 57,300 New Zealand customers.

“Most of our New Zealand sales have been in Auckland and we already have a big team up there, but the global head office will remain in Wellington,” chief executive Rod Drury told BusinessDesk. “We thought it was time to establish the role in New Zealand – it’s the same corporate structure we have everywhere else.”

Last November Xero decided to find a new local boss as founder and group CEO Drury spent more time overseas to help the software developer’s drive into the US market.

“Our vision is to make New Zealand an international case study for electronic business,” Drury said.

Xero has recruited over 90 new staff members in the past three months, and now employs more than 600 staff.

The shares rose 0.5 percent to $40.20 in trading today, adding to this year’s 24 percent gain.

Shares in Chorus rose 0.7 percent to $1.52. The stock more than halved last year as Chorus faced the threat of regulated prices trimming its revenue stream.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Igniting The Spark: Bringing The Digital Enabler To Life

Changing a name is, relatively speaking, the easy part of a re-invention. Changing a culture, getting all the ducks in a row, turning yourself inside-out to become customer-inspired is a much bigger challenge. More>>

ALSO:

Ebola And NZ: Targeted Screening At Airport But Risk Low

The risk of any cases of Ebola in New Zealand remains very low, but health and border authorities are well prepared... anyone arriving in New Zealand who in the last three weeks has visited countries affected will be screened for symptoms of the disease. More>>

ALSO:

Scoop Business: Brewer Seeking Crowd-Funding Cancels Shareholders’ Dividends

Shareholders in Renaissance Brewing company, the first business to seek equity through crowd-funding in New Zealand, have cancelled their claim on $147,000 of accumulated earnings “to make Renaissance a more attractive investment opportunity.” More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news