Rod Drury
Xero's Drury out to recapture excitement of accounting
The gloss has come off Rod Drury's accounting software company Xero in the past 12 months. Audio
Xero doubles annual loss
Xero's share price has tumbled after the company almost doubled its annual loss to 69-and-a-half-million dollars, with disappointing progress in North America. Audio
Xero founder says regional flights too expensive and infrequent
Rod Drury is the founder and CEO of accounting software firm Xero. Audio
Xero still planning a Nasdaq listing and to raise further funds
Xero is still planning to list on America's Nasdaq and is likely to raise further funds then, though it is unlikely to be this year. The accounting software company raised almost $150 million from the… Audio
Xero shares jump on capital raising, appointment of new US head
Xero shares leapt as much as 27 percent yesterday after the accounting software company raised almost 150 million dollars and appointed a new head of its operations in the United States. Audio
Rod Drury: Xero achieving milestones needed for Nasdaq listing
Xero's founder and chief executive says the company is close to achieving the milestones needed before listing on the Nasdaq exchange in the United States in the next 12 months. Audio
Xero signals focus on the US with electronic filing development
Xero is signalling it's still very focused on expanding in the United States. Audio
Xero CEO Rod Drury defends progress in US
Rod Drury says he finds the suggestion that Xero give up in the US "incredibly upsetting". He argues the company can "probably" win 20-30% of the market and will "try really hard" for higher. Audio
Xero CEO Rod Drury says MYOB's numbers 'must be down'
Rod Drury, speaking to Radio NZ's Jenny Ruth, says his company is winning customers from its biggest rival in NZ and Australia. Audio
Xero CEO Rod Drury on the power of marketing - and its limits
Rod Drury and Radio NZ's Jenny Ruth discuss 42 Below, Oyster Bay and Xero's own approach to marketing. Audio
Xero now has over 400,000 small business customers
Xero now has over 400-thousand small business customers around the world, but a breakdown of the customer growth by region won't be available until March. Audio
Fidelity Investments buys near 5.5% in Xero
A large United States-based financial services company has taken a near 5-and-a-half percent stake in the accounting software firm, Xero. Audio
Xero says Monchilla to speed up US market rollout
Xero says its newly acquired online payroll company will give it 100 percent coverage of the crucial/critical United States market, two or three times faster than it would have been able to do on its… Audio
Xero buys US payroll company, Monchilla, for US$4M and shares
Xero has bought the Seattle-based online payroll company, Monchilla, for over 4-million US-dollars in cash and almost 240-thousand shares Audio
Investors unimpressed by Xero's 79% jump in first-half sales
Investors responded in a luke-warm fashion to Xero's 79 percent jump in first-half sales, mainly because they're disappointed with the growth in customers in the United States. Audio
Xero's first-half sales jumped 79 percent
Xero's first-half sales jumped 79 percent, although its growth in customers in the United States was disappointing. Audio
Xero's rollout to US SMEs accountants is 4-5 years is away
Xero's founder and chief executive, Rod Drury, says the roll-out to small and medium sized United States-based accountants and bookkeepers is still four-to-five-years away, given the culture and… Audio
$252 million off Xero's value after resignation
Investors shaved as much as 252 million dollars off Xero's value on Friday after the company revealled its North American head, Peter Karpas, has stepped down after just 6 months in the job. Audio
Xero plans a US listing to give it greater credibility
Xero says a planned float and listing in the United States will give it greater credibility in that market and help to build its brand there. Audio
Xero posts a 35.5 million dollar annual loss
Xero has posted a 35.5 million dollar annual loss but it still has more than 200 million dollars in cash to fund future growth. Audio