New director jumps on board as Xero strengthens Aussie presence

Xero has further strengthened its Board of Directors with the appointment of Sydney based Lee Hatton as an independent non-executive director, effective immediately.

Hatton is General Manager, Regulatory Strategy and Affairs at National Australia Bank, and an Executive Director at BNZ Investment Services Limited.

With over 17 years in the industry, Hatton has an extensive breadth of international banking and finance experience.

“We have been searching for an additional Director in our largest market, Australia, who understands the innovation occurring in banking and payments," says Rod Drury, CEO and Founder, Xero.

"Lee is an impressive global executive and I’m confident she will make a strong contribution to the Board.”

Labelled as a well-rounded banking executive, Hatton has held senior positions across marketing, risk, payments and strategy and led large client teams across retail, agriculture, and business banking in the USA.

“I’ve watched Xero closely since its IPO and have been incredibly impressed by its vision and ability to deliver," Hatton says.

"Xero is having a significant impact in the banking sector and I’m excited to get involved with its world class team.”

In other company news, Peter Karpas, who began his role as Xero CEO North America in February 2014, has been appointed as an additional director of Xero Limited’s US operating subsidiary, also effective immediately.