Xero changes recruitment tactics as unsuitable US head, CFO depart, Drury says

Fri, 01 May 2015

By Tina Morrison May 1 (BusinessDesk) - Xero boss Rod Drury says the accounting software developer has changed its tactics for hiring senior executives after the departure of a US chief executive who lacked urgency and a chief financial officer who didn’t like to travel. The departure of former North American CEO Peter Karpas in September, after six months in the job, and last week’s announcement that US-based CFO Douglas Jeffries has left after just six weeks, unsettled investors. The shares dropped to a two-month low following news of J...

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