Masimo CEO Joe Kiani Steps Down
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shareholdersReuters
•Masimo founder Joe Kiani resigns as CEO following ouster from board
78% Informative
Founder Joe Kiani has decided to step down as the medical device maker's CEO.
Shareholders voted to remove him from the company's board following a bitter proxy battle with activist hedge fund Politan Capital Management .
Shares of the company were up 5.4% at $ 133 in early trade.
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