Australia's WiseTech CEO steps down with immediate effect

FILE PHOTO: Wisetech Global CEO Richard White speaks at the company's IPO launch in the Australian Stock Exchange in Sydney · Reuters

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(Reuters) - Australia's WiseTech Global said on Thursday its chief executive, Richard White, will step down with immediate effect, just two days after local media reported the settlement of a lawsuit between him and a woman reported to be his former lover.

(Reporting by Ayushman Ojha; Editing by Tom Hogue)