ASX:CSLBiotechs
CSL (ASX:CSL) Is Down 16.9% After CEO Exit And Profit Hit Has The Bull Case Changed?
In February 2026, CSL Limited reported half-year revenue of US$8,332 million and net income of US$401 million, announced an estimated interim dividend of US$1.30 per share, and confirmed the abrupt retirement of CEO and Managing Director Paul McKenzie with long-time executive Gordon Naylor stepping in as interim leader.
The sharp fall in net profit, driven by one-off costs and impairments, combined with a sudden leadership change, raises fresh questions about how CSL’s ongoing transformation...