Politan Capital gains two board seats at Masimo, potentially leading to CEO Joe Kiani's ousting.

Activist investor Politan Capital has gained two board seats at Masimo, leading to the likely ousting of founder and CEO Joe Kiani. Politan's nominees, including Darlene Solomon and Bill Jellison, join other board members secured in a previous proxy fight. Kiani and COO Bilal Muhsin indicated they would resign if Kiani lost his board position.

September 19, 2024
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