Revenue ($USD) : $2,048,100,000
R&D spend : $175,200,000
Employees : 4,000
Fiscal year end : 12/31/2023
CEO : Joe Kiani

www.masimo.com

Masimo’s fight with activist investor Politan Capital Managements continued as COO Bilal Muhsin threatened to quit if CEO and founder Joe Kiani is ousted. Pending litigation has delayed Masimo’s shareholders meeting until Sept. 19, 2024. Masimo said it received a bid for a majority stake in the consumer business that Masimo bought in 2022 — the deal that sparked the proxy fight. Meanwhile, Masimo continues to advance its monitoring technology, including the W1 watch. –SW