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Xero appoints Jamie McDonald to lead accounting services

Accounting software company Xero has appointed Jamie McDonald as executive general manager product, accounting and global services.

The role will see him lead the development of the core accounting tools. He will also continue as co-CEO of financial document software firm Hubdoc, which was acquired by Xero in August 2018.

McDonald’s expanded role will see him lead the continued improvement of the company’s core accounting products for small businesses, including Xero Mobile.

Anna Curzon, chief product and partner officer at Xero, said: “We’re thrilled to have a product leader of Jamie McDonald’s calibre driving such a crucial part of our business. His knowledge and experience is invaluable in accelerating our ability to unleash the power of AI and ML for small businesses, accountants and bookkeepers.

“Intelligent automation will unlock trillions of insights from the information small businesses need most, and provide more accurate information to owners and advisors so they can confidently make decisions about how to run, grow and operate their business.”

Xero said McDonald’s appointment is the “next step” in the evolution of the company’s work with Hubdoc and ensures the teams will work closely together to “streamline and seamlessly connect small businesses with their financial data on the Xero platform”.

McDonald added: “I’m excited to be taking on this role to continue our work in harnessing the power of artificial intelligence and machine learning for the benefit of Xero customers around the globe. We have an extremely talented team of Xeros working on a once-in-a-generation software opportunity. Being a part of bringing our teams together to deliver on that vision is thrilling.”

Xero said the Hubdoc go-to-market teams will continue to report to Jamie Shulman, the co-CEO of Hubdoc.

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