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Technology

Adrian Black

RARE PHOTOS: Passionate founder holds back tears before shareholders | Vintage Vibes

Wisetech Richard White Andrew Harrison Australia

WiseTech founder Richard White faced shareholders after a year of controversy and value destruction. (Joanna Kordina/AAP PHOTOS)

Shareholders have revolted against an Australian tech giant's leadership, dealing a first strike on remuneration less than a month since Australian Federal Police raided the company's offices.

Almost one in every two WiseTech shareholders rejected executive pay deals for billionaire founder Richard White and company executives at the group's annual meeting on Friday, punctuating more than 12 months of scandals, boardroom chaos and now a probe by the Australian Securities and Investments Commission.

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