Richard White’s most ardent allies, who became billionaires thanks to their early investments in WiseTech, are leaving the board of the global logistics software business after a raft of scandals and allegations involving the company’s founder.
Shearwater Capital founders Charles Gibbon and Michael Gregg, whose combined shareholdings in WiseTech are worth more than $2.7 billion, will step down at the end of this month and in November, respectively.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
