WiseTech Global has appointed Zubin Appoo as its new chief executive officer, replacing interim CEO Andrew Cartledge, who stepped into the role in the wake of a string of controversies surrounding co-founder Richard White.
Key Takeaways
- Appoo was named permanent CEO of WiseTech Global, the company revealed in an ASX announcement Monday morning.
- He replaces Andrew Cartledge, who had been serving as interim CEO since 2024. Cartledge had previously been CFO since 2015 and will retire at the end of the year.
- Richard White stays on as executive chair and Chief Technology Officer following his 2024 resignation as CEO.
- Appoo, who previously worked at WiseTech for 14 years, rejoined in April 2025.
- His compensation includes a $700,000 salary and up to $1.75 million in equity incentives.
Key background
The Sydney-based company, which was trading at $120 a share at the time of publication, develops software for the logistics industry and serves major freight and supply chain companies across nearly 200 countries. It’s best known for its CargoWise platform, used by many of the world’s largest logistics providers.
Zubin Appoo first joined the company in 2004 and worked closely with co-founder Richard White during a “period of rapid growth”, the company says. He left in 2018 and held senior roles at InLoop, NAB’s HICAPS, and Find a Carer before returning to WiseTech in April this year as chief of staff.
Appoo’s appointment follows a tumultuous year for the logistics software giant that ultimately ended in a leadership shake-up. White resigned as CEO in 2024 amid legal issues tied to his personal life, later resurfacing as executive chair and chief technology officer. Cartledge, who stepped in as interim CEO, will retire at the end of 2025.
Crucial quote
“As WiseTech enters the next phase of its growth trajectory, it is imperative that we have a strong succession plan in place,” said Executive Chair Richard White.
Big number
$2.45 million – The total potential value of Appoo’s annual compensation. That includes a $700,000 base salary, plus a fixed equity grant of $700,000, a performance incentive of up to $700,000, and a stretch incentive of up to $350,000, delivered in share rights.
Tangent
White came in at number seven on Australia’s 50 Richest list, published in February this year, with a net worth US$10.1 billion.
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