In a pre-recorded message, the billionaire said the past two months had taken a significant toll on his family and loved ones.
Embattled WiseTech founder Richard White says he is “truly sorry” for the impact the media storm has had on his family and loved ones in his first public comments since his resignation amid accusations of bullying and misconduct.
Chairman Richard Dammery also addressed the controversies and said WiseTech would downgrade its financial guidance as a result of the events of the past two months. WiseTech told investors last month that White would take a brief break before taking up a “full-time, long-term consulting role” where he will be paid the same annual salary – $1 million – that he received as chief executive.The Sydney Morning Herald, The AgeReview, which revealed White paid for a multimillion-dollar house for an employee and had been accused by an outgoing WiseTech Global director of intimidation and bullying.
White is one of the richest people in the country, with an estimated fortune of $11.63 billion, according to the latest Financial Review Rich List.WiseTech, which provides logistics software, downgraded its revenue outlook for FY25, which the board said was related to the controversies surrounding White.
Earnings before tax are expected to be between $600 million and $660 million, compared to $660 million and $700 million.
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