Ian Vacin, a key member of the team on this continent, has left Xero for a start up called Balanced Labs, which has offices in San Francisco, Calif.. and Sydney, Australia. Vacin was VP of marketing and product from April 2012 until his recent departure. Rod Drury, CEO of New Zealand-based Xero, said, "Ian's working for a Xero add-on start up so still in the ecosystem. He made a fantastic contribution and we wish him well." Balanced Lab founders, CEO Stuart McLeod, and CTO John Freeman, founded PayCycle Australia, purchased by Xero in 2011.