Xero Limited announced the appointment of David Thodey AO as a non-executive director to its Board. David is an experienced business leader with a career focused on global technology and telecommunications, with more than 30 years dedicated to creating brand and shareholder value. Previously, David was CEO of Telstra and prior to that was CEO of IBM Australia and New Zealand. David currently holds non-executive director positions at Ramsay Health Care. He is also chair of Australia's national scientific research agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO). Xero also announced that after more than five years of service, US-based non-executive director Bill Veghte intends to retire from the Xero Board at Xero's annual meeting on 15 August 2019.