Healthy pressure for a CSL successor

Brian McNamee's CSL share purchase at $60.40 sets a high bar for Paul Perreault. But new products and opportunities for deeper penetration mean there’s plenty of potential to unlock.

This week CSL chief executive Brian McNamee set a big challenge for his successor Paul Perreault – McNamee paid up to $60.40 for CSL shares in CSL’s buyback program. That is over double the price that the stock was selling at just over a year ago and 30 times last year’s earnings per share.

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