ASX:PTM

Platinum Share Price as Kerr Neilson Steps Down

In an analysts’ briefing this morning, Platinum Asset Management confirmed Andrew Clifford, Chief Investment Officer and Co-Founder, will be appointed CEO to replace outgoing Kerr Neilson. The decision, made formal this morning, had the effect of wiping $600 million from the group’s market cap, with shares falling 13%.
Money Morning Australia