The Fin The billionaire, his ex-lovers and a board exodus
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Mar 5, 2025 Richard White, the founder of WiseTech Global and a billionaire with a controversial past, discusses his tumultuous journey back to leadership after allegations of misconduct and a boardroom crisis. He reveals the complexities of his personal life, notably a strained marriage that has raised eyebrows among his peers. White's return raises critical questions for investors facing the delicate balance between his influence and corporate governance. Tune in for insights on personal relationships affecting business ethics and the future of WiseTech.
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The Trigger
- Richard White's legal battle with Linda Rogan over furniture began the saga.
- Rogan alleged White expected a sexual relationship in exchange for business investment.
The Investigation
- Multiple women contacted Max Mason with similar stories about White.
- This led to a joint investigation with other journalists, revealing a pattern of behavior.
Resignation and Compromise
- White resigned as CEO after a series of damaging articles were published.
- He remained influential via a consulting agreement, causing shareholder concern about a potential power struggle.