{"id":766134,"date":"2023-06-26T17:29:05","date_gmt":"2023-06-26T21:29:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/politan-announces-shareholders-have-overwhelmingly-elected-both-its-director-nominees-to-masimos-board\/"},"modified":"2023-06-26T17:29:05","modified_gmt":"2023-06-26T21:29:05","slug":"politan-announces-shareholders-have-overwhelmingly-elected-both-its-director-nominees-to-masimos-board","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/politan-announces-shareholders-have-overwhelmingly-elected-both-its-director-nominees-to-masimos-board\/","title":{"rendered":"Politan Announces Shareholders Have Overwhelmingly Elected Both Its Director Nominees to Masimo’s Board"},"content":{"rendered":"

<\/p>\n

Politan Announces Shareholders Have Overwhelmingly Elected Both Its Director Nominees to Masimo’s Board<\/b><\/p>\n

Appreciates Support From Fellow Shareholders Demonstrating Clear Mandate For Change<\/i><\/p>\n

Nominees Michelle Brennan and Quentin Koffey Are Ready to Work Constructively in the Masimo Boardroom to Benefit All Stakeholders<\/i><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nPolitan Capital Management (together with its affiliates, \u201cPolitan\u201d), a 9% shareholder of Masimo Corporation (\u201cMasimo\u201d or the \u201cCompany\u201d) (NASDAQ: MASI), today commented on the outcome of the Company\u2019s Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d).<\/p>\n

\nBoth of Politan\u2019s nominees \u2013 Michelle Brennan and Quentin Koffey \u2013 were overwhelmingly elected to the Board. Based on preliminary analysis from Politan\u2019s proxy solicitor, each of Politan\u2019s nominees received at least 70% of the total votes cast, with 17 of the top 20 (and 43 of the top 50) shareholders voting for both Politan\u2019s candidates.1<\/sup><\/p>\n

\nMr. Koffey, Managing Partner and Chief Investment Officer of Politan, stated:<\/p>\n

\n\u201cMichelle and I would like to thank our fellow shareholders for their support and engagement throughout this campaign, and we look forward to continuing this dialogue as directors. We believe this election represents a clear mandate from shareholders that significant change is needed at Masimo. We are now fully focused on putting the election behind us and working constructively with the incumbent directors to improve the Company\u2019s corporate governance, enhance capital allocation and instill better strategic oversight. We look forward to helping Masimo reach its full potential for all its stakeholders.\u201d<\/p>\n

\n_________________________
\n
1<\/sup> Numbers exclude voting by company insiders.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230626603663\/en\/<\/a><\/span><\/p>\n

Investors
\n<\/b>
D.F. King & Co., Inc.
\n
Edward McCarthy
\n
emccarthy@dfking.com<\/a><\/p>\n

Media
\n<\/b>
Dan Zacchei \/ Joe Germani
\n
Longacre Square Partners
\n
dzacchei@longacresquare.com<\/a> \/ jgermani@longacresquare.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Medical Supplies Medical Devices Health Hospitals Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Politan Announces Shareholders Have Overwhelmingly Elected Both Its Director Nominees to Masimo’s Board Appreciates Support From Fellow Shareholders Demonstrating Clear Mandate For Change Nominees Michelle Brennan and Quentin Koffey Are Ready to Work Constructively in the Masimo Boardroom to Benefit All Stakeholders NEW YORK–(BUSINESS WIRE)– Politan Capital Management (together with its affiliates, \u201cPolitan\u201d), a 9% shareholder of Masimo Corporation (\u201cMasimo\u201d or the \u201cCompany\u201d) (NASDAQ: MASI), today commented on the outcome of the Company\u2019s Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d). Both of Politan\u2019s nominees \u2013 Michelle Brennan and Quentin Koffey \u2013 were overwhelmingly elected to the Board. Based on preliminary analysis from Politan\u2019s proxy solicitor, each of Politan\u2019s nominees received at least 70% of the total votes cast, with 17 … <\/p>\n

Continue reading “Politan Announces Shareholders Have Overwhelmingly Elected Both Its Director Nominees to Masimo’s Board”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-766134","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPolitan Announces Shareholders Have Overwhelmingly Elected Both Its Director Nominees to Masimo's Board - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/politan-announces-shareholders-have-overwhelmingly-elected-both-its-director-nominees-to-masimos-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Politan Announces Shareholders Have Overwhelmingly Elected Both Its Director Nominees to Masimo's Board - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Politan Announces Shareholders Have Overwhelmingly Elected Both Its Director Nominees to Masimo’s Board Appreciates Support From Fellow Shareholders Demonstrating Clear Mandate For Change Nominees Michelle Brennan and Quentin Koffey Are Ready to Work Constructively in the Masimo Boardroom to Benefit All Stakeholders NEW YORK–(BUSINESS WIRE)– Politan Capital Management (together with its affiliates, \u201cPolitan\u201d), a 9% shareholder of Masimo Corporation (\u201cMasimo\u201d or the \u201cCompany\u201d) (NASDAQ: MASI), today commented on the outcome of the Company\u2019s Annual Meeting of Stockholders (the \u201cAnnual Meeting\u201d). 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