WTC - WiseTech Global

Garpal Gumnut said:

Thanks @Sean K . Just deciding whether to throw a few lazy ones at this puppy.

If I had founded a company and influenced 50% of the stock there is no way I'd be re-employed on a measly $1m and have to report to the CEO just for the sin of having waved the flag here and there.

Are the board members and Chair who resigned AICD types in lala land or do they have runs on the board at managing v. large companies or founding a company themselves.

Is the company a goer without these board members?

gg

Click to expand...

Dona Ferentes said:

evidently , there's little discrimination between waving a red flag and having a target on your back, if you deviate from conventional norms, or get caught, or attract a litigious one .

Click to expand...

Dona Ferentes said:

evidently , there's little discrimination between waving a red flag and having a target on your back, if you deviate from conventional norms, or get caught, or attract a litigious one .

Click to expand...

The law firms have examined allegations, including that Mr White failed to disclose a number of “close personal relationships” in the workplace with the board, had misused WiseTech funds to have plastic surgery in 2019 and host former lover Linda Rogan in New York; and engaged in bullying, harassment and intimidation – an accusation raised by former director Christine Holman.

Last November, chair Richard Dammery said the review had so far found “no evidence” of misconduct and the external lawyers had attributed Mr White’s behaviour to “creative abrasion”.

Not long afterwards, WiseTech co-founder and director Maree Isaacs sold her stake – totalling 10.2 million shares – to Mr White.

Mr White, who is worth about $15bn, tried to bankrupt Ms Rogan after she alleged he offered her business advice and a $13m mansion in Sydney’s Vaucluse in exchange for sex.

Click to expand...