Big news about WiseTech, a company that makes software for shipping companies! There was a big fight on the company's board of directors. Four people quit because they disagreed with the founder, Richard White, about his new job.
- WiseTech's share prices dropped a lot, losing about $6.4 billion!
- Richard White, even though he stepped down as CEO earlier, will still be in charge.
- The problem started because of accusations against Mr. White. These issues caused some board members to quit.
- WiseTech is getting new board members.
| Thing | Number |
|---|---|
| Money lost (in US dollars) | $6.4 Billion |
| Year of big deal | 2023 |
| Cost of big deal (in US dollars) | $414 Million |
