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AAP
AAP
Business
Derek Rose

Billionaire founder retakes control of his $32b company

Richard White Wisetech Wisetech Global ASX
Richard White has been appointed WiseTech's executive chairman while the company searches for a CEO. (Bianca De Marchi/AAP PHOTOS)

Billionaire tech entrepreneur Richard White has taken control of WiseTech Global, the logistics company he founded three decades ago, following the resignation of two-thirds of its board earlier this week.

Mr White has been appointed WiseTech's executive chairman while the ASX's biggest tech company searches for a permanent CEO, WiseTech said in a statement on Wednesday.

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