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

By CNBC | Jun 26, 2024 at 07:43 AM EST

Masimo CEO Joe Kiani spoke at a press conference in Bangalore in 2017. Shareholders' governance concerns at Masimo remain unresolved, as activist investor Politan Capital Management seeks further change by nominating additional directors. Kiani emphasizes the need for meaningful change as the company faces upcoming elections.

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