XRO
10/04/2014 15:08
DIRECTOR
REL: 1508 HRS Xero Limited
DIRECTOR: XRO: Xero adds new Australian Director
MARKET RELEASE
Xero adds new Australian Director
10 April 2014
Xero Limited Board appointment:
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.
ENDS
For more information, interviews or for further commentary please contact:
Rod Drury
Chief Executive
[email protected]
+64 27 600 0007
Emma Izatt
Global Communications Manager
[email protected]
+64 21 084 24623
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 http://www.xero.com
End CA:00249357 For:XRO Type:DIRECTOR Time:2014-04-10 15:08:43
