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WiseTech Global leadership shifts amid strong financial results

November 24, 2025 at 07:18 AM UTCBy FilingReader AI

WiseTech Global has announced the retirement of Michael Gregg from its board, effective November 20, 2025, as part of a board renewal program. Maree Isaacs, co-founder and executive director, is offering herself for re-election to maintain continuity during a leadership transition. Andrew Harrison will assume the role of chair of the nomination committee, while Richard White continues as executive chair and chief innovation officer. Zubin Appoo, appointed CEO in July 2025, will drive the company's strategic priorities.

The company reported strong FY25 financial performance with total revenue of $778.7m, up 13% organically, and CargoWise revenue of $682.2m, up 17% organically. EBITDA grew 26% to $409.5m, with underlying NPAT up 30% to $241.8m. WiseTech completed the acquisition of e2open in August 2025, expanding its addressable market in the global trade and logistics market. The company also launched a new CargoWise commercial model, set to go live on December 1, 2025, introducing CargoWise Value Packs.

WiseTech Global is embedding AI across CargoWise, automating logistics operations and accelerating product development. Future initiatives include the initial launch of Container Transport Optimization (CTO) in 1H26. The company reaffirmed FY26 guidance, expecting revenue between $1.39bn and $1.44bn and EBITDA of $550m to $585m.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:WTCAustralian Securities Exchange

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