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Citi says CSL's CEO pick brings key strengths

By Reuters News21:05 (UTC), 21 October 2026 Updated

** Citi says CSL's incoming CEO brings commercial, pipeline development experience

** Australia's CSL CSL.AX appointed Deborah Waterhouse as permanent CEO, effective February 2027, after the bell on Wednesday

** Waterhouse is currently CEO of ViiV Healthcare, a joint venture majority-owned by GSK GSK.L

** Brokerage says Waterhouse's experience running a global business in a competitive HIV market bodes well for CSL

** Citi says its experience with Waterhouse suggests she has been thorough, consistent and has demonstrated sound commercial acumen

** Adds, Waterhouse was widely considered the "other" contender in GSK's recent CEO selection process and has worked across several of the company's businesses

** Citi says it is encouraged by the appointment, citing her track record and history of pipeline architecture

** CSL stock up 13% this year, as of last close

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