XRO 1.40% $133.51 xero limited

Not likely he would go to Chairman given it's a transition to a...

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    Not likely he would go to Chairman given it's a transition to a new leader - that would kind of defeat the purpose of giving the new guy some clear air to operate in. Drury has been a good leader, but remember, the board had to rein him in from some of his worst impulses like shovelling money into the U.S. rather than doubling down on Aus, UK and ROW and pursuing a US listing at all costs to get visibility rather than having a viable US strategy (could not replicate the NZ, AUS, UK playbook in the US due to the strong presence of Intuit and high level of market inertia relating to Quickbooks)
 
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