Masimo activist Politan presents 'last chance' for shareholders to force change at med-tech company

"This results in Mr. Kiani spending whatever he wants however he wants," Koffey wrote. For this year's meeting, Politan has nominated Darlene Solomon, formerly chief technology officer at Agilent, and Bill Jellison, who was chief financial officer at Stryker. Masimo's stock has continued to slide, falling 28% since last year's meeting, while the S&P 500 has gained 26% over that stretch. Politan says it's been stymied from making any meaningful changes to how the company is run, and says Masimo's board still ...