Xero has announced that after 12 years at the firm, Gary Turner will retire from his role as managing director UK and EMEA, later this year.
Xero said that Turner will continue to work with Xero in an advisory role once a new managing director has been appointed, adding that he has helped to “lead a generational change” in British accounting and business management through adoption of cloud technology.
He helped build Xero’s UK business from its infancy in 2009, from a team of three, with only a few hundred customers and £50,000 of annual revenue to over 720,000 UK subscribers and £115m of annual revenue.
Rachael Powell, Xero’s chief customer officer, said: “Through his leadership Gary has helped change the UK small business landscape and was instrumental in establishing Xero’s presence in South Africa.
“Gary has made a positive and lasting impact and we thank him for his considerable efforts and achievements over his 12 year tenure. I’m pleased Gary will continue at Xero in an advisory role as he builds his portfolio career, following his passion for supporting small businesses.”
Turner added: “Looking to the future, our business is primed for the next phase of growth, so it’s an ideal time to hand the reins to the next leader. Building Xero’s business in the UK and South Africa has been the highlight of my career, and there is now a great opportunity for someone new to take up the mantle.”
Xero said it has begun the recruitment process for Turner’s successor, with an internal and external recruitment search underway. Xero will provide an update once an appointment has been confirmed. Turner will continue at the helm until that time to ensure the “smooth transition” of leadership.