The WiseTech Global Ltd (ASX: WTC) share price has jumped 6% after the ASX tech share announced the newest member of its leadership team.
WiseTech is a global software business which provides technology for many of the world’s largest freight and logistics businesses. Its key software offering is called CargoWise.
New independent director appointment
WiseTech announced to the market that it has appointed Raelene Murphy to the board of the company as an additional independent non-executive director, starting from 1 January 2026.
Ms Murphy will also become a member of the board’s audit and risk committee.
The company said this appointment is another important step in the previously-announced board renewal program to have the right number of independent directors with the right skills to support WiseTech’s future growth.
After she is appointed, WiseTech will have five independent directors and two executive directors. It’s considering appointing at least one more additional independent non-executive director in the future.
The lead WiseTech independent director Andrew Harrison said:
On behalf of the Board, I’d like to welcome Raelene as an Independent Non-Executive Director of WiseTech and as a member of our Audit & Risk Committee. Her appointment marks further progress we are making in Board renewal and ensuring we have the appropriate skillset mix to support WiseTech’s future growth. Raelene brings significant additional depth and expertise to the Board, particularly in the areas of audit, corporate governance and Australian public company experience. We’re confident that she will make very valuable contributions to our Board, and are looking forward to working closely with her.
Current and previous experience
WiseTech said she has extensive experience as a non-executive director of ASX-listed companies and as an audit committee chair, including currently serving as the independent non-executive director and audit committee chair of Bega Cheese Ltd (ASX: BGA) and Tabcorp Holdings Limited (ASX: TAH).
The director also has over 35 years of executive experience in strategic, financial and operational leadership in both industry and professional advisory.
She was formerly managing director at KordaMentha (an accounting firm) and a partner at a national accounting firm, where she led the corporate turnaround around practice.
Her industry experience includes being CEO of the Delta Group and senior executive roles in the Mars Group.
Ms Murphy is a Fellow of Chartered Accountants Australia and New Zealand, as well as a member of Chief Executive Women.
Final thoughts on the WiseTech share price
This business is seen as one of the best on the ASX and it has dropped around 40% since August. For investors interested in the business, this could be a good time to consider the company while it’s still trading at a significantly lower price.
The company has good potential to continue growing earnings, but it will need to continue delivering financial growth to send the WiseTech share price a lot higher.
It’s one of the ASX growth shares to watch, though there are other compelling businesses to consider too.
