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Masimo Announces Executive Shift and Strategic Business Review

The latest update is out from Masimo ( (MASI) ).

Masimo Corporation announced leadership changes as Michelle Brennan steps in as interim CEO following Joe Kiani’s resignation. The Board has initiated a search for a permanent CEO with Korn Ferry’s assistance. Brennan, with over 30 years of experience at Johnson & Johnson, brings significant healthcare industry expertise to her new role. Additionally, the company is exploring strategic alternatives for its consumer businesses with expert advisors and reaffirms its financial guidance for the third quarter of 2024.

For a thorough assessment of MASI stock, go to TipRanks’ Stock Analysis page.

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