Xero appoints Sukhinder Singh Cassidy as new CEO

The board of Xero Limited has appointed Sukhinder Singh Cassidy as Xero’s new CEO, from 1 February 2023. Cassidy will succeed Steve Vamos who, after serving almost five years as CEO, is retiring from the role and plans to return to his previous portfolio in business coaching and leadership development as an advisor, director and investor. Cassidy is an experienced Silicon Valley executive, with more than 25 years’ global leadership experience, including as president, Asia Pacific and Latin America at Google; president at StubHub; founder of the Board List; founder of Joyus, where she was CEO; and co-founder of Yodlee. She has significant public and private board experience with multiple companies. Cassidy will start at Xero on 28 November 2022. She will work closely with Vamos to manage the CEO transition, with Vamos remaining available to advise through to the end of May 2023. Xero chair David Thodey said: “As Xero continues to focus on achieving our global ambitions, we’re delighted to appoint someone of Sukhinder’s calibre as CEO to lead Xero through our next phase of growth. Sukhinder’s appointment follows a rigorous global recruitment process where we considered a number of exceptional candidates. “Sukhinder is a purpose-driven and human-centred leader who is passionate about supporting our customers and is committed to growing and nurturing Xero’s unique and vibrant culture.” Vamos added: “I’m excited about Sukhinder’s appointment and believe she is very well placed to lead Xero through its next phase of development. I’m looking forward to working with Sukhinder to achieve a smooth leadership transition. Sukhinder has the opportunity to take Xero to the next level and continue to deliver world-class products and services that are critical for our customers and partners. “It has been a privilege to build on the legacy of our founder Rod Drury to position Xero for continued growth around the world. Our partners, customers and other key stakeholders increasingly recognise the benefits of cloud applications and services which support small business success." Cassidy concluded: “I’m thrilled to be appointed as CEO, and appreciate the Xero Board’s confidence in me. What excites me about Xero is the people and culture of the company and the passion Xero’s partners and customers have for our product as well as the large Total Addressable Market opportunity. “I believe Xero is a critical business tool for small businesses and their advisors. There are huge opportunities in front of us and I’m committed to building on the business’ great momentum, in line with Xero’s values. I’m looking forward to meeting Xero’s people, partners, customers and shareholders around the world, and leading the business through its next stage.”

Xero appoints Sukhinder Singh Cassidy as new CEO

She will start at Xero on 28 November 2022. She will work closely with Vamos to manage the CEO transition, with Vamos remaining available to advise through to the end of May 2023

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