Xero has named its first CEO for its North American operations and the New Zealand-based cloud software company and also added some board-level talent to its operations on this continent. The company has hired Peter Karpas as CEO. Karpas was most recently VP and GM for PayPal's North America Small and Medium Business. Karpas had held that post since September 2012 he held a Canadian VP position with Paypal from September 2010.