WiseTech Drama is Not Over: Helen Bird
WiseTech Global's largest shareholder Richard White appears to have won a power struggle after most of the board quit in a disagreement over the billionaire's role at the company. But Swinburne University's Helen Bird says the situation is untenable, with the company left with no independent non-executive directors which may arm institutional investors to pressure management or exit the company. Bird talked about the WiseTech drama and its ramifications on "Bloomberg: The Asia Trade." (Source: Bloomberg)
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