Liberty Tax has approved salaries for three executives who were named to their posts in late February. The pay levels were approved by the compensation committee, which included Ross Longfield, a board member whose resignation said the trio were “not qualified to hold these positions in a public company.”

Cloud software vendor Xero is replacing CEO Rod Drury. Steve Vamos will take over for the founder on April 1. Drury will continue to focus on innovation and strategy as a non-executive director, the New Zealand-based company announced.

The cloud-based CCH Axcess software line is growing organically at double digits, according to Wolters Kluwer's executives. The statement was made recently by CEO Nancy McKinstry in the company’s webcast for earnings for the year ended December 31.