The billionaire founder of WiseTech Global, Richard White, has sold more than $200 million in the software giant’s shares over the last two months at a time the company has been engulfed in turmoil over his personal life.
Those issues came to a head earlier this week when four independent directors including WiseTech chairman Richard Dammery abruptly resigned citing differing views on how to deal with a report into White’s behaviour that was due to be released on Wednesday.
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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
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
