Key facts
- Richard White has resigned as executive chair of WiseTech Global.
- Media allegations were a factor in Richard White's resignation.
- Raelene Murphy has been appointed as the new chair of WiseTech Global.
- WiseTech Global is an Australian tech company.
- WiseTech Global's shares rose 8.1% following the news.
Richard White, co-founder of WiseTech Global, has resigned from his position as executive chair. This decision comes in the wake of media allegations that have surfaced. Raelene Murphy has been appointed as the new chair of the Australian technology company. Following the news of White's departure and Murphy's appointment, WiseTech Global's shares experienced a notable rise of 8.1%. The company, an Australian-based entity, is involved in the technology sector.