Richard White, the embattled founder, chief executive and major shareholder of Australian tech giant WiseTech, has stood down from the company “with immediate effect” after weeks of damaging revelations about his personal life hammering the company’s reputation and share price.
For this role, on a 10-year term with the title ‘Founder and Founding CEO’, White will be paid $1m a year. White did not comment on the personal scandals that have emerged about him, first in the federal court, and then in a series of media revelations. Linda Rogan, 52, alleged in court that White sought a sexual relationship with her in exchange for investing in her Bionik Wellness business in Sydney’s east.
Rogan has alleged White told her to work with an interior designer to furnish the property, but that she was locked out of the house when White’s partner, Zena Nasser, found out about the relationship. Nine newspapers this week reported Nasser, White’s partner, applied for and then withdrew an apprehended violence order against him in 2021.saying she had a sexual relationship with White after she contacted him on LinkedIn. When they met in Sydney, he gave her a bunch of flowers with a sex toy inside.
Nine newspapers also reported White had a years-long relationship with an employee of WiseTech, and gave her a waterfront home worth $7m – a gift declared to the company’s board.
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Source: 7NewsMelbourne - 🏆 18. / 59 Read more »