Xero’s US revolving door continues to spin

Xero’s US revolving door continues to spin
Chief executive Steve Vamos said Xero is well-positioned in Britain. (Image: Supplied)
Jenny Ruth
Xero’s latest North American head is moving on at the end of August after just three years with the company, following a long line of predecessors out the door.Tony Ward’s departure, noted in chief executive Steve Vamos’ speech to the annual shareholders’ meeting, was as unheralded as his promotion to president of the Americas in 2019 – his photo appeared in the slide on the leadership team at that year’s AGM.The accounting software company has been trying to build a viable business in the US since about 2011...

More Markets

Sanford profit surges 224% as debt falls and aquaculture lifts earnings
Markets

Sanford profit surges 224% as debt falls and aquaculture lifts earnings

Better cash flow and lower debt helped drive seafood company Sanford’s net profit up by 223.8% to $63.7 million in the September year.Revenue was steady at $584.1m, and Sanford’s earnings before interest and tax came to $102.1m, up 88%.Managing director David Mair said it was an...

Serko swells in India, GetThere adds $8.8m revenue
Markets

Serko swells in India, GetThere adds $8.8m revenue

CEO says result is strongest ever as shares soar more than 8% in early trading.

Fletcher Residential worth $850m ‘on a good day’
Infrastructure

Fletcher Residential worth $850m ‘on a good day’

Shareholders have been clear no asset sales should be on the cheap.

Eye on Central Otago as new West African gold belt
Markets

Eye on Central Otago as new West African gold belt

KO Gold sees similarities between Africa’s Berimian Greenstone region and Central Otago.