WiseTech Board Quits as Founder White Triumphs in Power Struggle

(Bloomberg) — WiseTech Global Ltd.’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute after almost every board member quit in a disagreement over the billionaire’s role at the company.

Four of WiseTech’s six directors, including Chairman Richard Dammery, will leave on Feb. 26, the company said Monday. The resignations follow “intractable differences in the board and differing views” around White’s position at WiseTech.