Glass Lewis recommends Masimo shareholders vote for Politan nominees

Politan Capital Management, a 9% shareholder of Masimo, announced that leading proxy advisory firm Glass, Lewis & Co. recommends shareholders vote FOR the election of Politan’s nominees, Michelle Brennan and Quentin Koffey, to the company’s Board of Directors at the Annual Meeting of Stockholders, scheduled for June 26, 2023. Previously, Institutional Shareholder Services also recommended in favor of both Politan nominees. Glass Lewis’s report highlights the need for change in Masimo’s boardroom and recommends shareholders vote for BOTH Politan nominees, stating: “Having evaluated the available arguments, performed our own analysis, and engaged with both Politan and Masimo and their respective director nominees, we find the case presented by Politan is far more persuasive and a truer depiction of the current state of affairs at Masimo, from both a performance standpoint and, more critically, a governance perspective.”