Questions arise over delay in addressing misconduct allegations against WiseTech Global board member

The resignation of WiseTech Global’s CEO Richard White has sent shockwaves through the tech industry, with shares in the company skyrocketing after his departure. However, questions are now being raised about the Technology Council of Australia’s delayed response to serious allegations of misconduct by one of its board members.

Investors welcomed White’s resignation, leading to a significant increase in WiseTech’s stock value and adding billions back to White’s personal wealth. The move came after reports of White’s questionable actions, including buying a multimillion-dollar house for an employee and allegations of intimidation and bullying.

Criticism has been directed at the Tech Council for its slow reaction to the situation, with many calling out the organization for its lack of accountability and governance. The pressure to remove White from the board had been mounting before his resignation, highlighting the need for stronger oversight in the industry.

As the fallout from White’s resignation continues to unfold, the tech community is left questioning the integrity of its leadership and the importance of holding individuals accountable for their actions. Stay tuned for more updates on this developing story.