Highlights
- Richard White signs 10-year executive contract
- New role created to strengthen product development
- CEO appointment expected before November 2025
WiseTech Global (ASX:WTC), a leading logistics software company, has announced a major update to its executive leadership structure and long-term innovation strategy. Founder Richard White has entered into a decade-long employment agreement that sees him continue his leadership role in a redefined capacity. Starting 26 February 2025, Mr White will serve as Executive Chair and Chief Innovation Officer, with the agreement also including an option for a five-year extension. His annual salary is set at $1 million AUD.
This move underlines WiseTech Global's strong focus on sustained innovation and leadership continuity. As part of this restructuring, the company has also created a new executive position—Chief of Staff and Deputy Chief Innovation Officer. This role is designed to assist in executing WiseTech Global’s ambitious product development roadmap and support its global growth strategy.
At the heart of this update is a clear signal of the company’s intent to maintain and expand its market leadership in global logistics technology. The expanded responsibilities for Mr White align with WiseTech Global’s commitment to product-led innovation, a core pillar of its growth model.
In addition to the restructured leadership roles, the company has made substantial progress in its CEO succession planning. A shortlist of internal and external candidates is being finalized, with a new Chief Executive Officer expected to be announced before the company’s Annual General Meeting in November 2025. While current interim CEO Andrew Cartledge had earlier announced plans to retire by the end of 2025, he may remain in the role longer to support a smooth leadership transition, depending on the timing of the permanent appointment.
Richard White expressed his long-term vision and belief in WiseTech Global’s direction, emphasizing the importance of continuity, innovation, and execution. He highlighted the company’s strong senior leadership team and reiterated a confident outlook on WiseTech Global’s ability to deliver sustainable growth and value creation in the years ahead.
With these strategic leadership decisions, WiseTech Global (WTC) reinforces its roadmap for innovation-driven growth and sends a clear message about its readiness to navigate future opportunities with a robust leadership team and a clear succession path in place.