Xero Management
Management criteria checks 3/4
Xero's CEO is Sukhinder Cassidy, appointed in Feb 2023, has a tenure of 1.83 years. total yearly compensation is NZ$7.20M, comprised of 16.1% salary and 83.9% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth A$617.29K. The average tenure of the management team and the board of directors is 1.9 years and 4.7 years respectively.
Key information
Sukhinder Cassidy
Chief executive officer
NZ$7.2m
Total compensation
| CEO salary percentage | 16.1% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.002% |
| Management average tenure | 1.9yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
At AU$171, Is It Time To Put Xero Limited (ASX:XRO) On Your Watch List?
Dec 10
Does Xero (ASX:XRO) Have A Healthy Balance Sheet?
Nov 26Estimating The Fair Value Of Xero Limited (ASX:XRO)
Oct 08Xero (ASX:XRO) Could Easily Take On More Debt
Jun 26Returns Are Gaining Momentum At Xero (ASX:XRO)
Jun 11Xero's (ASX:XRO) Solid Earnings Are Supported By Other Strong Factors
May 29Is Xero Limited (ASX:XRO) Worth AU$125 Based On Its Intrinsic Value?
May 22Pinning Down Xero Limited's (ASX:XRO) P/S Is Difficult Right Now
Mar 22Is It Time To Consider Buying Xero Limited (ASX:XRO)?
Feb 24Is Xero Limited (ASX:XRO) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 05Returns On Capital Are Showing Encouraging Signs At Xero (ASX:XRO)
Jan 16Xero (ASX:XRO) Seems To Use Debt Rather Sparingly
Dec 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | NZ$216m |
| Jun 30 2024 | n/a | n/a | NZ$195m |
| Mar 31 2024 | NZ$7m | NZ$1m | NZ$175m |
| Dec 31 2023 | n/a | n/a | NZ$66m |
| Sep 30 2023 | n/a | n/a | -NZ$43m |
| Jun 30 2023 | n/a | n/a | -NZ$78m |
| Mar 31 2023 | NZ$2m | NZ$348k | -NZ$114m |
Compensation vs Market: Sukhinder's total compensation ($USD4.06M) is about average for companies of similar size in the Australian market ($USD4.21M).
Compensation vs Earnings: Sukhinder's compensation has been consistent with company performance over the past year.
CEO
Sukhinder Cassidy (54 yo)
1.8yrs
Tenure
NZ$7,196,000
Compensation
Ms. Sukhinder Singh Cassidy is Director of BoardProspects, Inc. She serves as an Advisor at Animal Capital. She serves as an Advisor to Twitter. Ms. Cassidy has been Director at Upstart Network, Inc. since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.8yrs | NZ$7.20m | 0.0024% A$ 617.3k | |
| Chief Financial Officer | 6.2yrs | NZ$1.92m | 0.0036% A$ 912.0k | |
| Head of Investor Relations | no data | no data | no data | |
| Company Secretary & Chief Legal Officer | 3.3yrs | no data | no data | |
| General Manager Corporate Communications | no data | no data | no data | |
| Chief Marketing Officer | 1.9yrs | no data | no data | |
| Chief People Officer | 5.2yrs | no data | no data | |
| Managing Director of UK & Emerging Markets | no data | no data | no data | |
| MD of Australia and New Zealand & Global Chief Strategy Officer | less than a year | no data | no data | |
| Chief Product & Technology Officer | 1.7yrs | no data | no data | |
| Chief Revenue Officer | 1.9yrs | no data | no data | |
| Managing Director of North America | less than a year | no data | no data |
1.9yrs
Average Tenure
Experienced Management: XRO's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | 1.4yrs | NZ$283.00k | 0.0016% A$ 416.6k | |
| Independent Non-Executive Chairman | 5.5yrs | NZ$458.00k | 0.0066% A$ 1.7m | |
| Independent Non-Executive Director | 4.2yrs | NZ$380.00k | 0.00092% A$ 233.7k | |
| Independent Non-Executive Director | 2.8yrs | NZ$380.00k | 0.0020% A$ 497.9k | |
| Independent Non-Executive Director | 4.7yrs | NZ$249.00k | 0.0028% A$ 713.8k | |
| Independent Non-Executive Director | 6.7yrs | NZ$210.00k | 0.0011% A$ 271.8k | |
| Independent Non-Executive Director | 7.8yrs | NZ$229.00k | 0.0022% A$ 556.3k |
4.7yrs
Average Tenure
64yo
Average Age
Experienced Board: XRO's board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Xero Limited is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Choi | Barrenjoey Markets Pty Limited |
| Aryan Norozi | Barrenjoey Markets Pty Limited |
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |