Rod Drury
Photo: Karora, Public domain, via Wikimedia Commons16

Rod Drury

New Zealand businessman

Sir Rodney Kenneth Drury (born 1966) is a New Zealand technology entrepreneur, predominantly known for his association with accounting software company Xero. Drury was CEO of Xero until 2018, after founding the company in 2006.2

From Wikipedia’s article on Rod Drury (this version), CC BY-SA 4.0.

Born 1966.1

About

Drury made his initial fortune through Glazier Systems, a New Zealand software development and consulting company, which was sold in 1999. He subsequently established Context Connect and an email technology company called Aftermail. He is a former director of Trade Me, and was involved in the now-defunct Pacific Fibre project.

From Wikipedia’s article on Rod Drury, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedNapier Boys' High School3
  • Date not recordedVictoria University of Wellington3 4

Drury is the son of a tradesman and an executive assistant and grew up in Hawke's Bay. He is reported to have Māori heritage, with his father tracing a lineage to Ngāi Tahu.

Drury attended Napier Boys' High School, which is where he says he developed an interest in computer programming, before going on to study commerce and administration at Victoria University of Wellington. After university, he worked at the accounting firm Arthur Young, which became Ernst & Young in 1989.

In his early 20s, Drury stuttered so badly that he struggled to speak on the phone. However, he was able to overcome it using a smooth speech course at about age 27. He says that overcoming his stutter was crucial to starting the Xero business.

From Wikipedia’s article on Rod Drury (this version), CC BY-SA 4.0.

Career

Occupation: businessperson.7

In 1995, Drury established Glazier Systems, a New Zealand software development and consulting company. Glazier Systems was acquired by Advantage Group in 1999 for approximately $7.5 million, which later became Intergen. Drury subsequently co-founded Context Connect and then founded and served as CEO of AfterMail which was acquired by Quest Software (subsequently acquired by Francisco Partners and Elliott Management Corporation).

In July 2006 Drury founded Xero, a publicly listed software as a service accounting-software company, and served as its CEO.

In October 2007, Drury was a judge for the New Zealand Open Source Awards.

Drury co-founded Pacific Fibre, a company which attempted to build an internet cable between Australia, New Zealand, and the United States. The cable would have cost around $400 million but the venture was ultimately unsuccessful.

In November 2017, he sold $95 million worth of shares in Xero, leaving him with a 13 per cent holding in the company. He stated the sale would support his "future plans to pursue a range of philanthropic and social endeavours." He stepped down as CEO of Xero in March 2018, continuing on with the company as a non-executive director.

From Wikipedia’s article on Rod Drury (this version), CC BY-SA 4.0.

Personal life

  • Born1966, Wellington8
  • CitizenshipNew Zealand9

Drury has three children from his first marriage. He lives in Havelock North, Hawke's Bay region.

In 2020, Drury donated $1,000,000 to the iwi charity Mana Tahuna to clean up Queenstown's Lake Hayes.

In 2022, Drury donated $100,000 to ACT.

In 2025 Drury was ranked 22nd on the National Business Review's "NBR Rich List," with an estimated net worth of NZ$500 million.

From Wikipedia’s article on Rod Drury (this version), CC BY-SA 4.0.

Awards

  • 2026New Zealander of the Year10 13
  • 2025Knight Companion of the New Zealand Order of Merit‎10 12
  • 2025New Zealand Business Hall of Fame10 11