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

 


Xero adds new Australian Director

10 April 2014

Xero adds new Australian Director

Xero Limited (XRO) announces that it has further strengthened its Board of Directors with the appointment of Sydney based Lee Hatton as an independent non-executive director, effective today.

Hatton is General Manager, Regulatory Strategy and Affairs at National Australia Bank, and an Executive Director at BNZ Investment Services Limited. With over 17 years in the industry, Hatton has an extensive breadth of international banking and finance experience. A well-rounded banking executive, Hatton has held senior positions across marketing, risk, payments and strategy and led large client teams across retail, agriculture, and business banking in the USA.

Xero CEO and Founder Rod Drury says, “We have been searching for an additional Director in our largest market, Australia, who understands the innovation occurring in banking and payments. Lee is an impressive global executive and I’m confident she will make a strong contribution to the Board.”

Lee Hatton said “I’ve watched Xero closely since its IPO and have been incredibly impressed by its vision and ability to deliver. Xero is having a significant impact in the banking sector and I’m excited to get involved with its world class team.”

Director appointments - operating subsidiaries:
Peter Karpas, who began his role as Xero CEO North America in February 2014, has been appointed today as an additional director of Xero Limited’s US operating subsidiary (Xero, Inc.). Karpas joins Rod Drury as director of Xero, Inc.

Victoria Crone, who commenced her role as Xero New Zealand Managing Director this week, has been appointed as a director of Xero Limited’s New Zealand operating subsidiary (Xero (NZ) Limited). Crone will replace Graham Shaw as director of Xero (NZ) Limited, and joins Rod Drury as director of Xero (NZ) Limited. Shaw remains a director of Xero Limited.

About Xero
Xero provides beautiful, easy to use online accounting software for small businesses and their advisors. The company has over 280,000 paying customers in more than 100 countries around the world and is listed on the NZX and ASX.

See www.xero.com

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Taxing Multinationals: EU Ruling Sours Apple

Shares of Apple slid, down 0.9 percent as of 3.08pm in New York, after the European Commission ruled that Ireland granted the company undue tax benefits of up to 13 billion euros (US$14.5 billion)—"illegal aid” under EU rules that the commission says Ireland now must recover from Apple. More>>

ALSO:

NZX Review: Best Practice Code Recommends Code Of Ethics

NZX, the sharemarket operator, is seeking feedback on proposed changes to its corporate governance best practice code including a published code of ethics, rules about share trading and continuous disclosure, and more transparency over board appointments and chief executive pay. More>>

ALSO:

Auditors:

Signs Of Life? SETI On Russian Space(?) Signal

A star system 94 light-years away is in the spotlight as a possible candidate for intelligent inhabitants, thanks to the discovery of a radio signal by a group of Russian astronomers... Could it be a transmission from a technically proficient society? At this point, we can only consider what is known so far. More>>

Post-Post: Brian Roche To Step Down As NZ Post CEO

Brian Roche will step down as chief executive of New Zealand Post in April 2017, having led the state-owned postal service's drive to adjust to shrinking mail volumes with a combination of cost cuts, asset sales, modernisation and expansion of new businesses. More>>

ALSO:

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news