Jun 12, 2026 – 3.43pmXero chairman David Thodey is meeting investors in the $13.6 billion accounting software firm, ahead of a potentially contentious shareholder vote to rebase chief executive Sukhinder Singh Cassidy’s lucrative pay packet.The campaign comes after a horror year for shareholders in which Xero’s share price slumped 60 per cent as global investors fled software stocks exposed to the threat of disruption from artificial intelligence.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles