CEO Exodus Sparks Share Price Plummet

CSL’s share price has hit an 8-year low after the company announced CEO Paul McKenzie is stepping down. It’s a brutal blow for investors, who won’t be thrilled about the weak earnings either.

What’s Behind the Sudden Departure?

Details are scarce, but it’s clear the company’s struggling. McKenzie’s exit won’t help. It’s a mess, and investors are voting with their feet – or rather, their wallets.