Legal
WiseTech CEO White Steps Down After Series of Scandals
- Pressure had grown on White and the board this week to act
- White takes on new consulting role at business he founded
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WiseTech Global Ltd.’s billionaire founder and chief executive officer, Richard White, stepped down after a series of damaging allegations over his relationships with several women.
White will take a short break before switching to a new consulting role, the Sydney-based company said Thursday. Chief Financial Officer Andrew Cartledge becomes interim CEO immediately and the search for a permanent replacement will start soon, WiseTech said.