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Draft:Richard White (entrepreneur)

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  • Comment: the headlines are the allegations of sexual harassment and misconduct against him. I added some information related to his resignation to the first section of the draft, but more should be included; the media coverage is massive. JSFarman (talk) 04:42, 1 November 2024 (UTC)

Richard White
Born
NationalityAustralian
EducationMaster of Business in IT Management, University of Technology Sydney (UTS)
Occupation(s)Founding CEO and Founder, WiseTech Global ASXWTC

Richard White is an Australian entrepreneur recognized for founding WiseTech Global ASXWTC,[1] a technology company specializing in logistics software.[2] As of 2024, WiseTech Global holds the largest market capitalization of any information technology company on the ASX.[3][4][5]

White was ranked as Australia's 11th wealthiest individual. He was the highest-earning CEO in the country until he stepped down amid allegations of sexual and corporate misconduct in October 2024.[6] [7][8]

Early Life and education

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White was born in Sydney, Australia, and completed a Master of Business in Information Technology Management at the University of Technology Sydney (UTS). In 2008, UTS recognized White with an Alumni Award for professional achievement.[9]

Career

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A roadie for AC/DC in the 1970s,[6] White started his career in the technology industry in the 1980s as an R&D manager for Jands, a company specializing in audio, lighting, and staging technology, gaining experience in technology solutions across sectors.[10]

In 1994, White founded WiseTech Global, initially named Real Tech Systems Integration. WiseTech’s primary product, CargoWise, has become widely adopted in the logistics industry.[11] WiseTech went public on the Australian Securities Exchange (ASX) in 2016, and White led the company’s expansion through both organic growth and acquisitions.[1][12]

In October 2024, White stepped down as CEO of WiseTech and moved into an advisory role, as Founder and Founding CEO.[13][14] He continues to be a prominent shareholder and remains actively involved in company affairs.[15]

Personal life and philanthropy

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White has pursued sustainability initiatives, which include the construction of a self-powered residence in Sydney.[16] He is also engaged in advocacy for the Australian technology sector, holding a board position at the Tech Council of Australia.[2]

References

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  1. ^ a b "Richard White's long way to the top at WiseTech". Sydney Morning Herald. 7 January 2019. Retrieved 2024-10-07.
  2. ^ a b "Beer with a billionaire: Richard White". Forbes. 20 June 2023. Retrieved 2024-10-30.
  3. ^ "ASX Information Technology Companies | Full List | Updated Daily". www.listcorp.com. Retrieved 2024-10-29.
  4. ^ "WiseTech Global Limited (ASX:WTC) Share Price, News & Information". www.listcorp.com. Retrieved 2024-10-29.
  5. ^ "Head of Australia's largest listed tech group quits". FT. Retrieved 2024-10-29.
  6. ^ a b "Billionaires behaving bizarrely: Is Richard White Australia's own Elon Musk?". The Sydney Morning Herald. 24 October 2024. Retrieved 2024-10-30.
  7. ^ "Richard White". Forbes. Retrieved 2024-10-07.
  8. ^ "Richard White, WiseTech Global founder, steps down amid allegations". The Guardian. 24 October 2024. Retrieved 2024-10-24.
  9. ^ "Richard White". University of Technology Sydney. 25 November 2019. Retrieved 2024-10-07.
  10. ^ "Billionaire reveals secret to making money out of music". Australian Financial Review. 16 February 2024. Retrieved 2024-10-07.
  11. ^ "Our History". WiseTech Global. Retrieved 2024-10-07.
  12. ^ "Nation's richest boss 'can't find anything to invest in' but WiseTech". Australian Financial Review. 2024-07-18. Retrieved 2024-10-29.
  13. ^ "WiseTech shares rebound after CEO White steps aside to new role". Bloomberg. 24 October 2024. Retrieved 2024-10-24.
  14. ^ "Richard White steps down as WiseTech CEO". Sydney Morning Herald. 24 October 2024. Retrieved 2024-10-24.
  15. ^ "LinkedIn still a safe space for WiseTech's Richard White". Australian Financial Review. 29 October 2024. Retrieved 2024-10-29.
  16. ^ "Inside tech billionaire Richard White's self-powered Sydney mansion". Australian Financial Review. 16 September 2022. Retrieved 2024-10-07.