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.
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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