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Richard White, co-founder of Australia's WiseTech, has stepped down as executive chair, leading to a rise in the company's shares. His resignation comes amid an ongoing police investigation.
Richard White, co-founder of Australian logistics software company WiseTech, has announced his resignation from the position of executive chair.
WiseTech shares experienced a significant drop following news reports that police are investigating its founder, Richard White. The probe has caused investor concern and impacted the company's stock performance.