Accounting solutions software provider Xero announced the appointment of Sukhinder Singh Cassidy as the company's next CEO.
Starting in February next year, she will succeed Steve Vamos who, after serving almost five years as CEO, is retiring from the role and plans to return to his previous portfolio in business coaching and leadership development as an advisor, director and investor.
Cassidy has extensive business experience, particularly in the tech sector. She has previously served as president of Asia Pacific and Latin America at Google; president at StubHub; founder of theBoardlist; founder of Joyus, where she was CEO; and co-founder of Yodlee. Prior to her tech sector experiences, she had been an investment banker with Merrill Lynch.
"Iʼm thrilled to be appointed as CEO and appreciate the Xero boardʼs confidence in me," said Cassidy in a statement. "What excites me about Xero is the people and culture of the company and the passion Xeroʼs partners and customers have for our product, as well as the large total addressable market opportunity. I believe Xero is a critical business tool for small businesses and their advisors. There are huge opportunities in front of us and Iʼm committed to building on the businessʼ great momentum, in line with Xeroʼs values. Iʼm looking forward to meeting Xeroʼs people, partners, customers and shareholders around the world, and leading the business through its next stage."
