WiseTech Global chief executive Richard White says he has not lost focus on running the logistics software giant and will not stand down amid a growing personal scandal which erupted after his former lover accused him of expecting sex in return for investing in her wellness company.

Mr White, 69, founded the ASX-listed software group and is the company’s largest shareholder. WiseTech’s board, chaired by Richard Dammery, earlier this week said Mr White’s stoush with Linda Rogan was purely a personal matter. More recently, however, the board has considered asking the billionaire businessman to stand aside as chief executive.