For years CSL was the quiet achiever – the biggest Australian company no one had ever heard of. Its former chief executive turned chairman Brian McNamee is one of the most influential executives in the country.
But the healthcare giant has come crashing down to earth. At its annual general meeting last week, shareholders voted against its remuneration plan for the second year in a row. It was an embarrassing rebuke for a company typically praised as one of our most outstanding global success stories.
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