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WiseTech Global (WIGBY), an Australian software maker that automates the global logistics industry, saw its shares rise as much as 11% in Sydney after billionaire founder Richard White stepped down as chair. Investors appeared to welcome the decision as a possible step toward easing the company's l…
By Stuart CondieSYDNEY--WiseTech Global Chairman Richard White has stepped down from his post, citing concerns that media reports regarding his personal life had the potential to encourage short-selling activity.The logistics-software provider said Tuesday that it has appointed Raelene Murphy as in…
By Stuart CondieSYDNEY--WiseTech Global Chairman Richard White has stepped down from his post, citing concerns that media reports regarding his personal life had the potential to encourage short-selling activity.The logistics-software provider said Tuesday that it has appointed Raelene Murphy as in…
Australia's WiseTech Global ASX:WTC said on Tuesday that co-founder Richard White would step down as executive chair, effective immediately, while Raelene Murphy had been appointed independent chair.Murphy, who joined the logistics software provider's board at the start of the year, was named lead…
By Stuart CondieSYDNEY--WiseTech Global Chairman Richard White has stepped down from his post, citing concerns that media reports regarding his personal life had the potential to encourage short-selling activity.The logistics-software provider said Tuesday that it has appointed Raelene Murphy as in…
Australia's WiseTech Global ASX:WTC said on Tuesday it has appointed Raelene Murphy as independent chair, effective immediately, while Richard White will remain on the board as an executive director and continue as its chief innovation officer.
