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Wednesday, May 20, 2026

WiseTech founder offered $5m “tax‑free” payout to silence accuser while under trading probe - hcamag.com

WiseTech Global co‑founder Richard White personally negotiated a multimillion‑dollar settlement with a former employee who accused him of underpayment and inappropriate conduct

WiseTech Global co-founder Richard White personally negotiated a multimillion-dollar settlement with a female employee who had made allegations against him, despite holding no official position at the company at the time, according to a recording of a February phone conversation.

According to the recording obtained by The Australian Financial Review, White, who had stepped down as chief executive in October 2024, told the unnamed woman that the board would approve a payment of $5 million to resolve her claims. The woman alleged underpayment, inappropriate conduct by White, and that his wife, Zena Nasser, had sent her emails.

“All you’ve got to do is tell them that you’re going to withdraw your claim and that you’ll sign a deed of settlement,” White told the woman. “I’ll take … [then-WiseTech chairman] Richard Dammery through the exact payments and it’ll be a termination … which will not be a for cause, there’ll be no claim against you.”

White further told the woman she would “get at least $5 million net cash tax-free,” adding that WiseTech would contribute roughly $350,000 and he would cover the difference. According to two sources briefed on the matter who could not comment publicly, the then board did not accept White’s personal settlement attempt, and the matter was only resolved after the board’...



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