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Reuters

Reuters

Masimo founder Joe Kiani resigns as CEO following ouster from board

Reuters
Summary
Nutrition label

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.

VR Score

87

Informative language

91

Neutral language

66

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links