Proxy advisor ISS says Masimo change is 'absolutely necessary' in brutal report
MASIMasimo(MASI) CNBC·2024-07-16 00:07

Joe Kiani, Founder, Chairman & CEO, Masimo; on Startup University Stage on day three of Collision 2024 at the Enercare Centre in Toronto, Canada.Proxy advisor Institutional Shareholder Services said boardroom change at medical technology company Masimo was "absolutely necessary" in a Monday report, and took particular aim at CEO Joe Kiani, of whom they said wanted to "have his cake and eat it" in running a publicly traded company as though it was a privately held one.The unusually sharp report, a copy of wh ...