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Myriam Robin

WiseTech board’s tenured insiders are bolted on

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

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    Original URL: https://www.afr.com/rear-window/tenured-insiders-bolted-onto-wisetech-board-20241027-p5klny