Sam Morgan to step down from Xero board

Mon, 27 Jun 2016

By Paul McBeth June 27 (BusinessDesk) - Trade Me founder and serial tech investor Sam Morgan will step down from the board of Xero at the accounting software developer's annual meeting next month. Morgan has backed Xero since 2007, buying shares at $1 apiece in the initial public offering and holding an independent directorship prior to listing. Morgan, who chairs the people and remuneration committee and is a member of the nominations committee, won't seek re-election at the July 20 meeting when he retires by rotation, the notice of ann...

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