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Derek Rose

'Didn't have the skills': biotech boss retires abruptly

CSL Paul McKenzie Australia United States James Ross

CSL is changing its leadership with concerns about the company's growth prospects and operations. (James Ross/AAP PHOTOS)

The leader of Australia's largest biopharmaceutical company has retired suddenly after an assessment found he did not have the skills to take the company forward.

Paul McKenzie stepped down on Tuesday as chief executive and managing director of CSL, the $89 billion company announced.

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