Xero CEO Sukhinder Singh Cassidy Sells Remaining Shares in $2.2M Transaction Sukhinder Singh Cassidy, the chief executive of Xero, has completed the sale of all her remaining shares in the company through a $2.2 million transaction, according to a report published on July 13, 2026. The move comes amid a period of uncertainty for the accounting software firm, as its chairman, David Thodey, seeks to secure shareholder backing for a revised compensation package for Cassidy. The new terms aim to align her pay more closely with executives in Silicon Valley while reducing reliance on the company’s struggling share price. Cassidy, a prominent figure on the Australian Securities Exchange (ASX), has long been among the highest-paid CEOs listed on the market. However, her remuneration package has become a contentious issue as Xero’s share price has declined sharply, rendering a significant portion of her share-based compensation effectively worthless. The company’s performance has been hampered by broader challenges in the accounting software sector, including increased competition and shifting market dynamics. Thodey, who has been actively engaging with investors, has been pushing for a restructuring of Cassidy’s pay terms. The proposed changes would shift the focus from performance-linked incentives tied to stock prices to a more stable income structure. This adjustment is intended to address concerns among shareholders and stabilize the company’s leadership dynamics during a period of financial strain. The timing of Cassidy’s share sale has raised questions among investors, as it coincides with efforts to secure support for her revised compensation plan. Analysts suggest that the transaction may signal a shift in her long-term commitment to the company, though Cassidy has not publicly commented on the decision.#share_price #asx #xero #sukhinder_singh_cassidy #david_thodey
VTI ETF: A Guide To The Vanguard Total Stock Market ETF The Vanguard Total Stock Market ETF (VTI) offers investors access to the entire U.S. equity market, encompassing large-, mid-, and small-cap stocks, rather than just the S&P 500. For Australian investors, the challenge lies in determining the most suitable way to access this exposure: through the U.S.-listed VTI, the ASX cross-listed VTS, or alternatives like IVV. VTI tracks the CRSP US Total Market Index, which aims to represent the full investable U.S. equity market. While it provides broad exposure, Australians must consider factors such as currency risk, tax implications, and administrative complexities due to its U.S. domicile. Australian investors can purchase VTI through brokers offering U.S. market access or via the ASX-listed VTS, which mirrors the U.S. ETF. However, VTI’s unhedged USD exposure means returns are influenced by both U.S. equity performance and the AUD/USD exchange rate. A weaker Australian dollar could amplify returns when converted back to AUD, while a stronger AUD might reduce them. This contrasts with AUD-hedged U.S. equity products, which typically offer more stable currency outcomes. For Australians, VTS is often the preferred local alternative, as it operates under an ASX listing and simplifies tax and administrative processes. However, VTI remains a viable option for those seeking direct exposure to the U.S. market. The ETF’s structure, which includes thousands of U.S. companies, ensures broader coverage than large-cap-only funds. Despite its market-cap weighting, VTI includes mid and small-cap stocks, making it a more comprehensive representation of the U.S. equity market compared to S&P 500-focused ETFs like IVV.#vti #crsp_us_total_market_index #vanguard_total_stock_market_etf #vts #asx
