Xero board bumps CEO’s pay to $25.8 million – but mandates skin in the game
Xero is bumping CEO Sukhinder Singh Cassidy’s remuneration to US$18.5 million ($25.8 million), a jump of 22 per cent, arguing this places her in the median of US tech CEOs.
Xero is bumping CEO Sukhinder Singh Cassidy’s remuneration to US$18.5 million ($25.8 million), a jump of 22 per cent, arguing this places her in the median of US tech CEOs.
Opinion: Millennials grew up during the startup boom. Now, MYOB CEO Paul Robson argues, many are taking a more measured path to business ownership, favouring dependable service businesses with recurring revenue. For much of the past two decades, entrepreneurship has been synonymous with disruption. For many, success was measured in funding rounds, rapid scaling and […]
Canva had to delay its Canva AI 2.0 rollout after the booming costs of compute made the products uneconomical. The company has cut its AI costs and is ready to scale back up, founder Cliff Obrecht says.
Labor tech lieutenant Andrew Charlton will on Tuesday warn data centres alone will not enable Australia to capture enough economic value from AI.
Nicole Eckels turned a personal setback into an impromptu move to Australia and then a home fragrance and candle empire spanning eleven countries.
Andrew Forrest’s Tenmile and the founders of Go1 have backed a new venture seeking to simplify ADHD assessment and treatment. Seven years ago Zac Altman sold his traveltech startup LoungeBuddy to American Express. Now, following a stint as a VP at the finance giant, Altman has raised $3.5 million in seed funding for a venture […]
Luke Anear has wanted to change the name of the company he founded for years. Now SafetyCulture has become Mittle as the $2.4 billion startup reshapes itself for the AI era.
As Canva struggles with rising AI bills, Atlassian told investors that Rovo AI usage will impact margins for FY27. But CEO Mike Cannon-Brookes maintains AI is the “best thing” to happen to Atlassian.
Mike Cannon-Brookes handed down what could be a landmark earnings report for Atlassian, with the company swinging from a US$24 million loss a year ago to US$139 million of profit. Key Takeaways Key background It has been a tough year for Atlassian investors – before these earnings, its stock was down 40 per cent over […]
OpenAI has hired Hanbury Strategies and Communications for government relations services. Hanbury has long operated in the UK but setup shop in Australia this year after recruiting both Liberal and Labor insiders.