Xero announces Ashley Grech as new Chief Revenue Officer

Wellington — 22 August, 2023 —Xero, the global small business platform, today announced changes to its executive leadership team to enhance the company’s ability to continue to deliver its vision and best serve customers around the world.

Chief Customer Officer Rachael Powell has decided to depart Xero after eight years to pursue new executive opportunities. Ashley Grech joins Xero in the newly created role of Chief Revenue Officer. Powell worked closely with CEO Sukhinder Singh Cassidy and the Xero Board on Grech’s recruitment and will be with Xero through to October 31, 2023 to enable a seamless leadership transition.

Grech will be responsible for all Xero’s go-to-market functions globally, including global sales operations, regional managing directors and leadership, customer experience, ecosystem and partnerships and revenue operations.

Prior to Xero, Grech was Chief Operating Officer for Recharge, a payments solution provider and Global Head of Sales for Square (now Block), a global payments platform that provides business management software for small business to enterprise. Grech is also on the Board of Spreedly, a payment process technology firm. She has an MBA from the University of Chicago Booth School of Business, and a Bachelor of Science, International Studies from the University of Chicago. Grech is based in San Francisco, California. Grech starts with Xero this week.

Grech said: “I'm thrilled to be joining a purpose-led company where small business customers and their advisors are at the heart of everything the team does. There is a significant opportunity to align go-to-market execution with the strong foundations that have been built to take Xero to this next phase of growth.”

Singh Cassidy said: “I’m very excited to welcome Ashley to Xero and our executive leadership team. Ashley brings to Xero extensive global sales, small business and payments technology expertise with high growth companies. Her experience will be invaluable to Xero as we deliver our strategy and continue to support our customers.”

“I also want to acknowledge Rachael's enormous contribution to Xero, our customers and our people over the past eight years. I extend my personal thanks for Rachael’s support, loyalty and for helping the Board and I plan for the new phase of leadership at Xero. On behalf of everyone at Xero, we wish Rachael all the very best in her next chapter.”

ENDS

Media Contact

Kate McLaughlin | +64 27 533 4529 | kate.mclaughlin@xero.com

About Xero

Xero is a global small business platform with 3.7 million subscribers which includes a core accounting solution, payroll, workforce management, expenses and projects. Xero also has an extensive ecosystem of connected apps and connections to banks and other financial institutions helping small businesses access a range of solutions from within Xero’s open platform to help them run their business and manage their finances. For four consecutive years (2020-2023) Xero was included in the Bloomberg Gender-Equality Index. In 2021 and 2022, Xero was included in the Dow Jones Sustainability Index (DJSI), powered by the S&P Global Corporate Sustainability Assessment. Xero is a FIFA Women’s Football partner.