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.



© Scoop Media

Business Headlines | Sci-Tech Headlines


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news