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0 0 0 0.0040314314998292 0.0040314314998292 0.00792620430474887 -0.00150324564400409 0.00054663477963794
Stock impact report

Masimo Responds to Politan Capital’s Nomination of Director Candidates and Refutes Politan’s False Claims

Masimo Corporation (MASI) 
Last masimo corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: masimo.com/about-masimo/investors
Company Research Source: Business Wire
Politan’s Efforts to Take Control of Masimo Are Not in Stockholders’ Best Interests IRVINE, Calif.--(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today confirmed that Politan Capital Management LP (“Politan”) has provided notice of its intent to nominate two candidates to stand for election to the Masimo Board of Directors at the company’s 2024 Annual Meeting.While Masimo respects and values the input and ideas of all its stockholders and respects their right to nominate and elect the directors of their choice, the Company believes that Politan’s efforts to take control of the Board and unseat the Company’s Chairman and CEO, Joe Kiani, run counter to stockholders’ best interests, as well as those of the hundreds of millions of patients who rely on Masimo’s innovations.When Politan’s Managing Partner, Quentin Koffey, and its nominee, Michelle Brennan, were elected to the Board last year, Mr. Koffey claimed to be seeking a minority voice on the Board from which to offer input and direction. Show less Read more
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