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Wednesday, 11 February 2026
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Why CSL's CEO simply had to go

Posted 11 February 2026 AM

The abrupt exit of CSL CEO Dr Paul McKenzie after less than three years in the job was delivered with a scathing explanation from the Board which said he simply "didn't have the skills they wanted for the future".

The announcement that McKenzie would retire, effective immediately, came late yesterday minutes before the end of trading with the company deciding it was best not to ambush investors when the newly appointed interim CEO and Managing Director, Gordon Naylor, appears on the earnings call today.

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