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Stock impact report

Politan Comments on Masimo's Latest Entrenchment Maneuvers [Yahoo! Finance]

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: Yahoo! Finance
NEW YORK, July 16, 2024 BUSINESS WIRE )--Politan Capital Management (together with its affiliates, "Politan"), an 8.9% shareholder of Masimo Corporation ("Masimo" or the "Company") (NASDAQ: MASI), today responded to the Company's Board of Directors moving Masimo's Annual Meeting of Stockholders (the "Annual Meeting"), previously scheduled for July 25, 2024, to September 19, 2024. Politan also commented on the Board bringing a lawsuit in federal court against Politan and its founder and CIO Quentin Koffey. Mr. Koffey is also a member of the Masimo Board. Mr. Koffey stated: "On Monday, ISS wrote that Masimo, "has a corporate governance track record that is firmly among the most troubling of any modern public company," and that CEO and Chairman Joe Kiani, "has demonstrated that he has no regard for public shareholders. He has been at the center of so many corporate governance scandals and abuses that no credible argument exists to the contrary." Today's actions are more of the same. Show less Read more
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