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Proxy advisor backs activist Politan nominees in scathing Masimo report
MASIMasimo(MASI) CNBC·2024-07-12 12:32

Joe Kiani, Founder, Chairman & CEO, Masimo; on Startup University Stage on day three of Collision 2024 at the Enercare Centre in Toronto, Canada. Politan is targeting founder Kiani for removal from the board, but the billionaire executive has said that would trigger a $400 million change-in-control package and result in his departure. Glass Lewis did not buy that argument, writing that "Masimo's more alarmist commentary notwithstanding, the current campaign is not about removing or replacing the Company's C ...