Proxy Advisor ISS Says Masimo Change Is 'Absolutely Necessary' In Brutal Report; Says Shareholders Should Vote For Activist Politan Capital Management's Board Nominees, Bill Jellison And Darlene Solomon
Portfolio Pulse from Benzinga Newsdesk
Proxy advisor ISS has issued a report stating that changes at Masimo are 'absolutely necessary' and recommends shareholders vote for activist Politan Capital Management's board nominees, Bill Jellison and Darlene Solomon.
July 15, 2024 | 4:11 pm
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ISS has recommended that Masimo shareholders vote for Politan Capital Management's board nominees, Bill Jellison and Darlene Solomon, stating that changes at the company are 'absolutely necessary'.
The recommendation from ISS, a major proxy advisor, is likely to influence shareholder votes in favor of Politan Capital's nominees. This could lead to significant changes in Masimo's board and potentially its strategic direction, which investors may view positively.
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