WiseTech’s board couldn’t afford to get rid of its key man and nor could it afford to retain him as CEO. Just how much has the scandal truly cost him?
If it walks like a duck, quacks like a duck … , but for WiseTech Global’s billionaire lothario founder Richard White, he might technically have lost the chief executive title but not the main gig.
Indeed, White was portrayed as a selfless leader, a technology prophet in his own time, selflessly stepping down as CEO for the sake of the company, its staff and its shareholders. “Richard is a true giant of the Australian technology industry, and he has built one of our most remarkable corporate success stories.”
In fact, in his new role, he creates a wicked problem for WiseTech’s board, which is now looking for a new chief executive.
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