WiseTech Shares Tumble

WiseTech board purge triggers $10b share plunge as White scandals widen
Disgraced company founder Richard White has effectively been handed control of WiseTech after its independent board members quit, but the subsequent share plunge has cost him billions.
WiseTech Global shares plunge as board directors quit over Richard White's ongoing role
Shares in WiseTech Global have plunged on news four board directors, including the chair, have quit due to a dispute about the ongoing role of founder, billionaire Richard White.
WiseTech Shares Tumble as Directors Quit Over Former CEO's Role
The stock slumped more than 20% when it emerged from a two-day trading halt on Monday morning. The fall followed WiseTech's announcement that Chair Richard Dammery and three other directors will quit this week due to what it said were "intractable differences" over former Chief Executive Richard White's role.
Australia's WiseTech sinks after directors step down over differing views on founder's role
Australian software maker WiseTech Global said on Monday four of its non-executive directors have decided to step aside owing to differing views around the role of the company's billionaire founder and former CEO Richard White,
WiseTech shares plunge after majority of board quits
Allies of scandal-hit co-founder Richard White take control after independent directors resign over ‘intractable differences’
WiseTech Board Quits as Founder White Wins Power Struggle
WiseTech Global Ltd.’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute ...
‘I am WiseTech’: How Richard White regained control of his company
On one side were a group of independent directors with their reputations on the line. On the other, a powerful founder with ...
WiseTech board quits as founder triumphs in power struggle; shares of Aussie firm plummet
Richard White was forced to step down as CEO earlier after a string of allegations of misconduct. Read more at ...
It was billionaire v the board at WiseTech. Guess who won
The software giant’s board exodus is a clear demonstration that money trumps optics. Key man risk doesn’t come any riskier ...
WiseTech is ungovernable. Is it still investible?
Through his own actions, Richard White has thrown the tech giant into crisis twice in six months. How can any serious ...
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Wisetech Global Shares Plummet as Board Exodus Sparks Turmoil
Wisetech Global Ltd (ASX:WTC) shares plunged 22% on Monday, hitting A$94.0, their lowest since August 2024, after four ...
Is It Time To Consider Buying WiseTech Global Limited (ASX:WTC)?
Let's talk about the popular WiseTech Global Limited . The company's shares saw significant share price movement during recent months on the ASX, rising to highs of AU$139 and fal ...
Big investors blast WiseTech Global’s board chaos
One of WiseTech’s top investors has demanded the tech giant restore an independent board after four directors quit in protest ...
What really happened inside the WiseTech boardroom
Richard White has given a new meaning to the notion of key man risk. When it came to the crunch, the former WiseTech boss and ...