WiseTech CEO Richard White Resigns Amid Allegations

Richard White, the billionaire founder and CEO of WiseTech Global Ltd., has stepped down amid serious allegations regarding his conduct, including intimidation and poor corporate governance. Following the resignation of board member Christine Holman in 2019, who cited significant concerns about White's behavior, the company announced he would take a short leave before transitioning to a new role. This leadership change comes at a time when the company is facing scrutiny over its internal culture and governance practices. WiseTech has not specified who will take over White's responsibilities during this interim period. The situation raises questions about the company's future and its ability to manage reputational damage resulting from these controversies.