Particle.news

Download on the App Store

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

Image

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