News Formal

Xero plunges 9pc following CEO resignation, earnings miss

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 90%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Steve Vamos has resigned from Xero, while the business grew revenue 30 per cent in the half to $NZ658.5 million.

A former Google regional president is set to take the reins at cloud accounting company Xero in February, following the resignation of chief executive Steve Vamos on Thursday.

On the back of the result, Xero shares plunged 9 per cent in opening trade to $66 - its lowest price since March 2020. “Steve has overseen significant expansion of Xero including completing several acquisitions in Canada, the US, Sweden, Singapore, Denmark, Australia and the UK; completing two capital raises; operationalising our global sales team and go-to-market channels; and introducing sustainability and climate targets for Xero,” Xero chairman David Thodey said.

“As Xero continues to focus on achieving our global ambitions, we’re delighted to appoint someone of Sukhinderʼs calibre as CEO to lead Xero through our next phase of growth. Sukhinderʼs appointment follows a rigorous global recruitment process where we considered a number of exceptional candidates,” Mr Thodey said.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

He has vamos(ed)

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

ASX LIVE: Australian shares to fall as stocks slump on Wall Street; Binance pulls FTX offer; Brookfield bids for Origin at $9 a shareAustralian shares are set to open lower after Wall Street washout, crypto dives. Brookfield bids for Origin at $9 a share. Binance pulls FTX offer. Sukhinder Singh named Xero CEO, $NZ26.5m impairment for Waddle. Computershare upgrades EPS guidance to 90pc growth. Follow for updates.
출처: FinancialReview - 🏆 2. / 90 더 많은 것을 읽으십시오 »

ASX LIVE: Australian shares to fall as stocks slump on Wall Street; Binance pulls FTX offer; Brookfield bids for Origin at $9 a shareAustralian shares are set to open lower with a plunge in the Nasdaq Composite washing across New York. Xero in $NZ26.5m impairment for Waddle. Computershare upgrades FY23 guidance. Binance pulls FTX offer. Bitcoin dives below $US16,000. US CPI ahead. Follow for updates.
출처: FinancialReview - 🏆 2. / 90 더 많은 것을 읽으십시오 »