Major superannuation funds say WiseTech Global must appoint genuinely independent directors and be more transparent in its dealings after the software giant took no action against its executive chairman despite finding he misled the board over his relationship with employees.
WiseTech released the partial findings of a governance review ordered by the board into its billionaire co-founder Richard White after a wave of allegations about his conduct. It declined to release the full report.
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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
