CSL (AU:CSL) has released an update.
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CSL Limited’s CEO, Dr. Paul McKenzie, has adjusted his holdings in the company’s securities following shareholder approval at the recent Annual General Meeting. He has sold shares from vested Long-Term Incentive awards to meet tax obligations and diversify his portfolio, while still holding a significant stake that represents 230% of his base salary. This move aligns with CSL’s strategy of linking executive pay to long-term company performance.
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