Wisetech Global Ltd. ( (AU:WTC) ) just unveiled an update.
WiseTech Global Ltd has amended the employment agreement of Interim CEO Andrew Cartledge, recognizing his role since October 2024. The revised terms include a base remuneration of AU$1,700,000 per annum and performance equity incentives. The agreement also outlines post-employment restraints and access to company resources. Mr. Cartledge has expressed willingness to extend his tenure beyond 2025 to ensure a smooth transition to a permanent CEO, highlighting the company’s focus on stable leadership during this period.
More about Wisetech Global Ltd.
WiseTech Global is a prominent developer and provider of software solutions for the logistics execution industry worldwide. The company serves over 16,500 logistics companies across 195 countries, including major global third-party logistics providers and freight forwarders. WiseTech is committed to innovation, having made significant enhancements to its CargoWise application suite, which is known for its productivity, functionality, integration, compliance, and global reach.
YTD Price Performance: -31.29%
Average Trading Volume: 1,285
Technical Sentiment Signal: Buy
Current Market Cap: $16.99B
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