We return, for our sins, to WiseTech, the logistics software company presently enjoying the spoils of embattled founder Richard White’s Clayton’s resignation.
A faux exit followed by a perpetual “consultancy” arrangement, in which the 69-year-old White remains by some distance the company’s most influential stakeholder, was the least the board could do. But also, the most.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com