tiprankstipranks
Trending News
More News >

WiseTech Global Announces Leadership Updates and Succession Planning

Story Highlights
  • WiseTech Global’s Richard White signs a new employment agreement as Executive Chair and Chief Innovation Officer.
  • The company is progressing in its search for a permanent CEO, with an appointment expected by November 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Wisetech Global Ltd. ( (AU:WTC) ).

WiseTech Global Limited has announced a new employment agreement with its Founder and Executive Chair, Richard White, who will also serve as Chief Innovation Officer. This role is supported by a newly created Deputy Chief Innovation Officer position, aimed at enhancing product development and growth. White’s focus will be on delivering WiseTech’s product roadmap, innovation, and strategy development. The company is also advancing its search for a permanent CEO, with several strong candidates identified, and an appointment expected before the Annual General Meeting in November 2025. Interim CEO Andrew Cartledge has indicated his willingness to extend his tenure if necessary to ensure a smooth transition.

More about Wisetech Global Ltd.

WiseTech Global is a leading developer and provider of software solutions to 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 added over 5,800 product enhancements to its CargoWise application suite in the last five years, aiming to improve global supply chains.

YTD Price Performance: -29.75%

Average Trading Volume: 1,053

Technical Sentiment Signal: Buy

Current Market Cap: $18.27B

See more data about WTC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App