Xero CEO Sukhinder Singh Cassidy’s pay package to target US$18.5m
Xero has increased CEO Sukhinder Singh Cassidy’s target remuneration package to US$18.5 million, moving her pay to the 50th percentile of U.S.-listed technology companies. The decision comes despite recent weakness in the company's share price.
Why it matters
The pay hike highlights the competitive nature of executive compensation in the global tech sector, even when company performance faces market headwinds.
Xero has increased chief executive Sukhinder Singh Cassidy’s remuneration package despite recent weakness in the company’s share price.
Singh Cassidy’s base salary will increase to US$640,000 ($1.071 million) from US$540,000, and her long-term incentive and equity opportunity for the 2027 financial year will rise to US$17.22m.
Her target total remuneration will increase to US$18.5m ($30.93m).
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