WiseTech shares jump after CEO Richard White decision to step down post scandals

Shares of WiseTech Global sky-rocketed on Friday after its billionaire founder and CEO Richard White stepped down but decided to stay at the firm in a consulting role after a series of damaging allegations about his personal life.

The Australian tech firm's stock gained as much as 22.1 per cent to A$121.33, set for its strongest trading session since August 2021.

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