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CSL Shares Plunge 81% Amid CEO Departure, Investor Doubts

2/11/2026

50 5 Full Breakdown

Summary

Story summary

CSL shares fell to an eight-year low after the abrupt departure of Chief Executive Officer Paul McKenzie.
On February 11, 2026, CSL reported an 81% drop in net profit to $401 million and 4% revenue decline to $8.3 billion.
Interim CEO Gordon Naylor said transformation is needed to drive growth.
CSL's stock lost $16 billion in value amid investor skepticism about full-year guidance caused by declining U.S. vaccination rates.

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Story summary

CSL shares fell to an eight-year low after the abrupt departure of Chief Executive Officer Paul McKenzie.
On February 11, 2026, CSL reported an 81% drop in net profit to $401 million and 4% revenue decline to $8.3 billion.
Interim CEO Gordon Naylor said transformation is needed to drive growth.
CSL's stock lost $16 billion in value amid investor skepticism about full-year guidance caused by declining U.S. vaccination rates.