Top investors blast WiseTech board chaos
Top investors have demanded WiseTech Global restore an independent board after four directors quit in protest against founder Richard White, triggering an $8.2bn share rout.
Top investors have demanded WiseTech Global restore an independent board after four directors quit in protest against founder Richard White, triggering an $8.2bn share rout.
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More than $9bn has been wiped from WiseTech’s value after four board directors dramatically quit due to ‘intractable differences’ in their views of founder Richard White. The tech group also cut its revenue outlook.
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Original URL: https://www.theaustralian.com.au/author/jared-lynch/page/3