Four board members at WiseTech, an Australian technology company, are set to resign, citing disagreements about the role of its high-profile founder, Richard White. In their statement to the Australian Securities Exchange (ASX), they cited these differing views and ongoing disputes within the board as reasons to step down. This follows a series of revelations about White’s personal conduct, which have negatively impacted the company’s reputation and stock price. Despite stepping down as CEO last year, White remains highly involved with the company, retaining his title as “founder and founding CEO” and continuing to receive his previous salary. The company’s performance has been affected by these controversies, leading to questioning about its governance and how these issues might distract from the broader business operation.
Source: https://www.theguardian.com/australia-news/2025/feb/24/wisetech-board-members-resign-richard-white-asx-ntwnfb
