Xero founder Rod Drury to leave its board

Rod Drury founded Xero 17 years ago and the company today has a market cap of A$18b. (Image: Twitter)

Mon, 03 Jul 2023

Rod Drury is stepping down from the board of directors of Xero, the cloud accounting software company that he founded 17 years ago, after the company’s next annual general meeting on Aug 17.Drury, who couldn’t be reached for comment, was chief executive of the company until 2018 when he stepped back into the non-executive director role that he has held since. He will stay on with the company in an advisory role.In the release to the ASX, where Xero is listed, Drury praised recently appointed chief executive Sukhinder Singh.“Ev...

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