- Release Date: 20/09/12 12:18
- Summary: DIRECTOR: XRO: Xero appoints US-based director
- Price Sensitive: No
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XRO 20/09/2012 10:18 DIRECTOR REL: 1018 HRS Xero Limited DIRECTOR: XRO: Xero appoints US-based director MARKET RELEASE Xero appoints US-based director 20 September 2012 Xero Ltd. (XRO) has appointed experienced US high tech executive Craig Elliott to its board of directors. The board has determined that Craig Elliott is an independent director under NZX Listing Rules 3.3. Craig co-founded and is CEO of Pertino Networks, a cloud networking software company based in Silicon Valley. He is also a Strategic Advisor to NZTE in respect to angel, venture capital and private equity markets, helping guide New Zealand high growth technology companies to enter markets in the US. As a previous CEO of Packeteer, Craig took the company from three people to IPO. He also spent ten years at Apple in senior product, marketing and GM roles, and has written several bestselling books. Craig has also been appointed as Chair of the Xero US Advisory Board. The Advisory Board provides guidance to the Xero board and management of Xero in respect to US operations, particularly around US market entry strategy, strategic relationships, recruitment and the US accounting environment. "We are delighted that a person of the calibre of Craig is able to take an active interest in our business," says Xero Chairman Sam Knowles. "Xero continues to build its capability and presence in the US market and having a US-based director will strengthen our hand as we seek to grow the business globally." ENDS For more information contact: Rod Drury Xero CEO [email protected] +64 27 6000 007 End CA:00227516 For:XRO Type:DIRECTOR Time:2012-09-20 10:18:06
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