Maybe that's why shareholders are being asked to vote to increase the number of shares that can be used for incentive compensation in the United States. The company still has not replaced Peter Karpas, who resigned as the North American CEO in September after six months on the job. However, when it hired Jenkins in January it also hired Russell Fujioka as the company's U.S. president.
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XERO NAMES CFO-ELECT Featured
Xero has named Sankar Narayan as its CFO effective in October. He is joining Xero from Virgin Australia where he was CFO for four years. Narayan fills the role vacated by Douglas Jeffries, when he resigned in February after eight weeks on the job. Jeffries was based in San Francisco, Calif. After his quick resignation, COO Ross Jenkins became acting CFO and will return to the COO's job once Narayan is on board. Xero has had trouble hanging on to executives recently.
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