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Australia’s CSL names Gordon Naylor as interim CEO
| USA | economy

Australia’s CSL names Gordon Naylor as interim CEO

#CSL Limited #Gordon Naylor #Interim CEO #Biotech industry #Melbourne #Leadership transition #Paul Perreault

📌 Key Takeaways

  • Gordon Naylor has been appointed as interim CEO of CSL Limited following Paul Perreault's medical leave.
  • The transition is effective immediately at the company's Melbourne headquarters to ensure operational stability.
  • Naylor previously served as CSL's Chief Financial Officer and President of its vaccine business, Seqirus.
  • The leadership change occurs during a vital period for CSL's plasma collection and R&D expansion efforts.

📖 Full Retelling

The Australian biotechnology giant CSL Limited officially appointed Gordon Naylor as the company’s interim Chief Executive Officer at its corporate headquarters in Melbourne on February 17, 2024, following the unexpected medical leave of absence taken by the current CEO, Paul Perreault. The leadership transition was initiated to ensure operational continuity and maintain investor confidence while Perreault undergoes treatment for a non-disclosed health condition that requires several months of recovery and focused attention. Gordon Naylor is a highly experienced veteran of the pharmaceutical industry, having previously served as CSL’s Chief Financial Officer and the President of Seqirus, the company's vaccine division. His deep institutional knowledge and familiarity with the firm's global blood plasma and vaccine portfolios were cited by the Board of Directors as the primary reasons for his selection. During his tenure as CFO, Naylor was instrumental in steering the company through significant international expansion and financial growth, making him a stable choice during this period of executive uncertainty. The market has reacted with cautious optimism to the news, as CSL remains one of Australia's largest and most valuable companies. Investors are particularly focused on the company's research and development pipeline and the ongoing recovery of its plasma collection network, which suffered during the pandemic years. Naylor's immediate priorities will include overseeing the integration of recent acquisitions and ensuring that the company’s financial targets for the fiscal year remain on track despite the sudden change in the executive suite. While the company has not provided a specific timeline for Paul Perreault’s return, the Board expressed full confidence in Naylor’s ability to lead during the transition. The leadership shuffle comes at a critical time for the global biotech industry, which is currently navigating fluctuating raw material costs and evolving regulatory landscapes in both the United States and Europe, CSL's two largest markets.

🏷️ Themes

Corporate Leadership, Biotechnology, Business Management

📚 Related People & Topics

CSL Limited

CSL Limited

Australian biotechnology company

CSL Limited is an Australian multinational specialty biotechnology company that researches, develops, manufactures, and markets products to treat and prevent serious human medical conditions. CSL's product areas include blood plasma derivatives, vaccines, antivenom, and cell culture reagents used in...

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Interim management

Temporary business management resources

Interim management is the temporary provision of management resources and skills. Interim management can be seen as the short-term assignment of a proven heavyweight interim executive manager to manage a period of transition, crisis or change within an organization. In this situation, a permanent ro...

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Melbourne

Melbourne

Capital city of Victoria, Australia

Melbourne ( MEL-bərn, locally [ˈmæɫbən] ; Boonwurrung/Woiwurrung: Narrm or Naarm) is the capital and most populous city of the Australian state of Victoria, and the second most-populous city in Australia, after Sydney. The city's name generally refers to a 2,453-square-kilometre (947 sq mi) area, co...

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📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Australia’s CSL names Gordon Naylor as interim CEO Author Ambar Warrick Stock Markets Published 02/10/2026, 12:18 AM Australia’s CSL names Gordon Naylor as interim CEO 0 CSL -5.88% Investing.com-- Australian biopharmaceutical giant CSL Ltd (ASX: CSL ) said on Tuesday it had named company veteran Gordon Naylor as interim CEO and managing director, and that incumbent CEO Paul McKenzie will retire from the role, effective immediately. Naylor, who had served over 30 years at CSL, rejoined the company as a non-executive director in December, his LinkedIn page showed. Get more updates on top Australian companies with InvestingPro McKenzie’s retirement comes after nearly three years in the role. He had earlier served as CSL’s chief operating officer. Naylor will remain as interim CEO until the board finds a permanent replacement for McKenzie, CSL said in a statement. Naylor had led CSL’s formation of its three core businesses– Behring, Plasma, and Seqirus. Australia’s CSL names Gordon Naylor as interim CEO 0 Latest comments Post Comment Guidelines Trade With A Regulated Broker Indices Commodities Bonds Stocks US 30 50,164.40 +43.0 +0.09% US 500 6,943.30 +1.9 +0.03% Dow Jones 50,121.40 -66.74 -0.13% S&P 500 6,941.45 -0.36 -0.01% Nasdaq 23,066.47 -36.01 -0.16% S&P 500 VIX 17.65 -0.14 -0.79% Dollar Index 96.77 -0.040 -0.04% Crude Oil WTI Futures 64.96 +0.33 +0.51% Brent Oil Futures 69.71 +0.05 +0.07% Natural Gas Futures 3.226 -0.007 -0.22% Gold Futures 5,077.66 -20.84 -0.41% Silver Futures 82.048 -1.873 -2.23% Copper Futures 5.963 -0.0268 -0.45% US Soybeans Futures 1,139.00 +15.50 +1.38...

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