Sukhinder Singh Cassidy took home $6.1 million last year, as AI threats and big acquisitions weighed on the accounting software firm’s share price.

Sukhinder Singh Cassidy took home $6.1 million last year, as AI threats and big acquisitions weighed on the accounting software firm’s share price.

Accounting software firm Xero said revenue rose 31 percent to $2.75 billion, driven by strong customer growth and accelerating expansion in the US.