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WiseTech co-founder sells out, nets multimillion-dollar payday

Max Mason
Max MasonSenior courts and crime reporter

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WiseTech Global director Maree Isaacs has sold her shares in the ASX-listed logistics software business to her co-founder Richard White as the company deals with a scandal about his conduct and his ultimate resignation.

Ms Isaacs co-founded WiseTech with Mr White in 1994 and became one of the country’s wealthiest people thanks to the company’s listing and soaring share price. However, she has rarely spoken publicly.

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Max Mason covers insolvency, courts, financial crime, cybercrime 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

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    Original URL: https://www.afr.com/technology/wisetech-co-founder-sells-out-nets-multi-million-dollar-payday-20241130-p5kur4