Rear Window
WiseTech board’s tenured insiders are bolted on
Myriam RobinRear Window editorWe 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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