XRO 0.00% $30.90 xero limited

Ann: DIRECTOR: XRO: Xero appoints US-based direct

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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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