Masimo(US:MASI)2024-09-25 13:15Corporate Governance - The annual meeting of shareholders on September 19, 2024, had approximately 91% of the company's common stock represented[8]. - Stockholders elected William Jellison and Darlene Solomon as directors until the 2025 Annual Meeting[12]. - Grant Thornton LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 28, 2024, with 47,817,976 votes in favor[12]. - The advisory vote to approve the compensation of named executive officers received 31,525,446 votes in favor[13]. - A stockholder proposal to repeal provisions of the Company's Bylaws was not approved, receiving only 34,821,698 votes in favor, falling short of the required 75%[14]. Executive Changes - Joe Kiani resigned as Chief Executive Officer on September 19, 2024, and filed a claim regarding his employment agreement[3][4]. - Michelle Brennan was appointed as Interim Chief Executive Officer effective September 24, 2024[4]. - The company is retaining Korn Ferry for CEO succession planning following Kiani's resignation[4]. Business Operations - Masimo Corporation reaffirmed certain guidance in a press release issued on September 25, 2024[2]. - The press release on September 25, 2024, discussed matters related to consumer audio and healthcare businesses[15].