Key Takeaway
Rise in share price adds nearly $1bn to tech giant’s market value while White continues on as a board director and chief innovation officerGet our breaking news email, free app or daily news podcastRichard White has resigned as executive chair of WiseTech, the Australian tech company he co-founded, denying allegations he exploited a worker’s financial and visa status for sex.…
Published July 7, 2026 · Category: News
Overview
Rise in share price adds nearly $1bn to tech giant’s market value while White continues on as a board director and chief innovation officer
Richard White has resigned as executive chair of WiseTech, the Australian tech company he co-founded, denying allegations he exploited a worker’s financial and visa status for sex.
Details
White will stay on as a board director and chief innovation officer, with Raelene Murphy replacing him as chair, the company announced on Tuesday.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "WiseTech shares rise after Richard White resigns as executive chair amid police investigation" about?+
Rise in share price adds nearly $1bn to tech giant’s market value while White continues on as a board director and chief innovation officerGet our breaking news email, free app or daily news podcastRichard White has resigned as executive chair of WiseTech, the Australian tech company he co-founded, denying allegations he exploited a worker’s financial and visa status for sex.White will stay on as a board director and chief innovation officer, with Raelene Murphy replacing him as chair, the compa
Who reported this story?+
This story was reported by The Guardian World.