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Xero CEO sells off shares amid talks to reset pay package

Xero chief executive Sukhinder Singh Cassidy has sold all of her shares in the company, in a $2 million transaction that comes amid a plan to reset her pay package to be less dependent on the struggling stock price.

In a notice filed on Monday morning, the San Francisco-based executive cited tax commitments as the reason for her disposing of her entire 29,608 share holding for $2.2 million.

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