Xero Wins New Zealand International Business Award

XERO WINS NEW ZEALAND INTERNATIONAL BUSINESS AWARD
Xero awarded Excellence in Leadership for International Business

AUCKLAND, Friday 25 November 2016 - Xero has been recognised as a global business leader at the New Zealand International Business Awards in Auckland last night.

Named as the winner of the Excellence in Leadership award, Xero’s Founder and CEO Rod Drury accepted the award for Xero.

Sponsored by Ross Buckley, Executive Chair KPMG the award recognises the efforts of Xero’s diverse global team in defining the company’s organisational strategy and direction, and actively committing to the continual growth of the business on the international stage.

“We are thrilled to be recognised for our leadership In the industry,” said Rod Drury, Founder and CEO of Xero. “Events this year make clear to us that businesses must work to create employment opportunities and be champions of diversity and inclusion.”

“Working with tens of thousands of accounting partners and getting closer to a million customers we are uniquely placed to show others how businesses with strong values can address some of the big social challenges many countries are facing today.”

With more than 862,000 subscribers globally and $303 million Annualised Committed Monthly Revenue (ACMR), Xero is the leading cloud accounting platform in Australia, New Zealand, and United Kingdom and fast emerging in the United States, Asia region, Canada and South Africa. Xero recorded more than $1 trillion over 450 million incoming and outgoing transactions in 12 months, signifying how large the Xero data set has become.

“Xero is only just at the beginning of its journey,” said Drury. “As a global leader in cloud accounting with more than 862,000 subscribers, we are forging a path to 1 million customers and $1 billion in revenue. Xero and its partner ecosystem has evolved to a global community supporting small businesses.”

This growth has been driven by continual investment in product development across all regions. Xero also supports a wider ecosystem with 500+ apps and integrations boosting industry growth, job creation and allowing businesses to connect with the apps they need to increase productivity and grow.

Xero Leadership Snapshot

Led by Rod Drury, Xero founder and CEO, Xero’s global leadership team include:

• Duncan Ritchie, Chief Product Officer. Duncan has managed one of the largest data migrations in the region to Amazon Web Services and leads development at Xero, with over 1,400 product updates and features delivered in just the last year.
• Sankar Narayan, Chief Financial Officer. Sankar is a seasoned global public company executive and technology leader who leads Xero’s global financial, operational and strategic function.
• Rachael Powell, Chief People Officer. Rachael oversees Xero’s People Experience team looking after Xero’s 1,500 people globally.
• Kirsty Godfrey Billy, Chief Accounting Officer. Kirsty looks after Xero’s financial operations to create a beautiful internal experience to support our teams.
• Tony Stewart, Chief Data Officer. Tony is responsible for maximising the value Xero gets from its data assets through data driven process automation, advanced analytics and insights, and value added customer experiences.

Bolstering the global leadership team are our country managers in regions throughout the globe, reporting to Drury.

• Anna Curzon, Managing Director of New Zealand. With more than 30% of the market using Xero, Anna is establishing the next phase of growth.
• Trent Innes, Managing Director of Australia. Our biggest market, Australia has over 380,000 subscribers and continues to expand.
• Gary Turner, Founder of Xero United Kingdom. The UK is fast becoming Xero’s next growth engine with 164,000 subscribers at 30 Sept, 61% year-over-year growth, supported by a UK regulatory environment that helps drive innovation in financial services and accounting.
• Newly appointed, Keri Gohman, President of Americas, will take Xero to the next stage of growth.
• Alex Campbell, Managing Director of Asia, where Xero opened an office in Singapore earlier this year as an emerging market for Xero.

Xero’s Board of Directors include:

• Chris Liddell, Chairman of the Board and formerly CFO of Microsoft and Vice Chairman and CFO of General Motors, based in New York.
• Rod Drury, Xero CEO and Executive Director.
• Graham Smith, previously Executive Vice President of Finance at Salesforce.
• Bill Veghte, former CEO of SurveyMonkey.
• Craig Winkler, former co-founder of Australian software provider MYOB.
• Lee Hatton, current CEO of UBank.
• Craig Elliott, former Apple executive and co-founder and CEO of Pertino Networks.
• Chaman Sidhu, Xero Company Secretary and General Counsel.

ENDS

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