Richard White is stepping down as CEO of WiseTech

Billionaire businessman Richard White has resigned as CEO of WiseTech Global, the logistics software giant he founded 30 years ago, after being accused of bullying and inappropriate behavior.

WiseTech Global told investors that Mr. White would take a short break before taking on a “full-time, long-term advisory role” that would see him paid the same annual salary – $1 million – as he receives as CEO.

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