Masimo CEO Joe Kiani ousted from board; Politan wins two seats
Activist investor Politan Capital has won two board seats at medical technology company Masimo, defeating founder and CEO Joe Kiani and another director at a shareholder vote. The company’s shares rose over 2% in extended trading following the news. Politan’s nominees Darlene Solomon and Bill Jellison, along with two previous board members, will work to…