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WiseTech Global Elevates Zubin Appoo to Permanent CEO

The board seeks stability after months of leadership turmoil with founder Richard White remaining executive chairman holding a 36.3% stake

Overview

  • Zubin Appoo steps into the chief executive role effective immediately after rejoining WiseTech in April, drawing on a 15-year track record from 2004 to 2018
  • Interim CEO and CFO Andrew Cartledge will continue in his dual roles until his scheduled retirement at the end of 2025
  • Founder Richard White, who stepped down as CEO in October amid personal misconduct allegations, retains executive chairmanship and a 36.3% shareholding in the A$40 billion company
  • Four non-executive directors resigned in February over disputes about White’s ongoing influence after an external governance review largely cleared him but flagged an intimidating management style
  • The leadership reshuffle aims to shore up investor confidence following governance upheaval, board resignations and share-price volatility at Australia’s leading logistics software provider