WiseTech Faces Leadership Crisis as Four Directors Resign Over Founder Richard White's Role
- Four independent directors, including Chair Richard Dammery, resigned from WiseTech Global due to differing views on founder Richard White's behavior report, leading to uncertainty about his future with the company.
- Richard White sold over $200 million in shares amid the turmoil, affecting WiseTech's share value, which plummeted 20% following the board exodus.
- The Australian Securities and Investments Commission is investigating allegations against Richard White, including failure to disclose personal relationships at work.
- Some investors have expressed support for Richard White, fearing pressure from the board and media influence.
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26 Articles
26 Articles
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3
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Coverage Details
Total News Sources26
Leaning Left3Leaning Right3Center3Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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