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Crisis at WiseTech: Governance and Leadership Challenges
This chapter examines the turmoil within the WiseTech board as CEO Richard White faces allegations that have led to the resignation of several independent directors. It highlights the board's struggle between maintaining oversight and White's influential role, alongside the financial repercussions for the company. Additionally, the chapter explores ongoing regulatory inquiries into corporate governance practices and the implications of White's recent actions on stakeholder confidence.