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Masimo sharesCNBC
•82% Informative
Activist investor Politan Capital Management seeks to oust Masimo CEO Joe Kiani from the board.
Politan says the medical device maker can deliver $10 billion in shareholder value with proper governance.
Masimo shares have slumped 18% since last year's annual meeting, while the S&P 500 has gained 26% .
Masimo has ranked at the bottom 0.1% of say-on-pay votes among companies in the Russell 3000 .
Kiani would be entitled to a change-in-control payout of more than $400 million if he loses his board seat.
Politan says management's intractability will make it hard for another shareholder to mount a similar push.
VR Score
83
Informative language
81
Neutral language
63
Article tone
formal
Language
English
Language complexity
55
Offensive language
not offensive
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Attention-grabbing headline
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Known propaganda techniques
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short-lived
External references
5
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