Xero said it's appointed Kirsty Godfrey-Billy as its new chief financial officer, replacing Sankar Narayan who is set to leave amid the latest executive reshuffle for the Wellington-based accounting software developer.
Xero is closing in on generating a maiden profit after delivering its first positive operating earnings with wider gross margins and continued subscriber growth in a year that saw founder Rod Drury step back from the day-to-day business.
Bernard Hickey explains how the success and subsequent sale of Trade Me led to the recycling of capital and expertise into a bunch of successful businesses that are now taking on the world.
For the convenience of email subscribers, here's my weekend column, in which I argue EFTPOS is a national champion that saves NZ Inc hundreds of millions of dollars a year and should not be surrendered in the shift to contactless payments and mobile wallets.
Here's my Herald on Sunday column for the convenience of subscribers to our daily email subscribers. It's the full correct version of the column about Xero and its ecosystem. It does not include the error edited in by the Herald's subs.