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Myriam Robin

WiseTech board’s tenured insiders are bolted on

Myriam RobinRear Window editor

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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 Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously 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