Masimo prepared to provide one board seat if activist Politan drops proxy contest | Business Information & News | Westlaw

Masimo prepared to provide one board seat if activist Politan drops proxy contest | Business Information & News | Westlaw

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5/9/24 REUTERS 17:32:16
REUTERS
Copyright (c) 2024 Thomson Reuters
May 9, 2024
Masimo prepared to provide one board seat if activist Politan drops proxy contest
Shailesh Kuber
Christy Santhosh; Bengaluru
(Reuters) -Masimo said on Thursday that it is prepared to appoint Politan Capital Management's nominee William Jellison as a director on its board, if the activist investor withdraws its other nominee and drops its proxy contest.
Quentin Koffey-owned...
---- Index References ----
Company: POLITAN CAPITAL MANAGEMENT LP
News Subject: (Business Management (1BU42); Corporate Events (1CR05); Corporate Groups & Ownership (1XO09); Executive Personnel Changes (1EX23); HR & Labor Management (1HR87); Mergers & Acquisitions (1ME39); Proxy Fights (1PR20); Shareholder Activism (1SH43))
Language: EN
Other Indexing: (Politan Capital Management) (Masimo)
Keywords: health; corpgov
Word Count: 306
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