NewsBite

Chanticleer

Chanticleer

WiseTech is ungovernable. Is it still investible?

Through his own actions, Richard White has thrown the tech giant into crisis twice in six months. How can any serious investor trust him again?

It’s hard to overstate the sheer drama of what has taken place at WiseTech.

The decision by the company’s four independent directors – chairman Richard Dammery and directors Lisa Brock, Michael Malone and Fiona Pak-Poy – to resign en masse after their relationship with founder Richard White became “intractable” is simply without precedent for an ASX 50 company.

Loading...
James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Chanticleer

    Original URL: https://www.afr.com/chanticleer/wisetech-is-ungovernable-is-it-still-investible-20250224-p5lem9