Normal text size Larger text size Very large text size Platinum Asset Management’s share price plunged about 12 per cent by the Friday close after billionaire founder Kerr Neilson announced on Thursday evening he would be stepping down as chief executive. The shares closed on Friday at $6.89 from the previous day’s close of $7.82.
Name: Kerr Neilson
Company: Platinum Asset Management
Announcement Date: February 22, 2018, 11:00pm
Resignation Date: February 22, 2018, 11:00pm