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Masimo ( (MASI) ) has provided an update.
Masimo Corporation has appointed Michelle Brennan as interim CEO with a six-month employment agreement, offering an annual base salary of $1,042,000 and a discretionary bonus. Brennan, with over 30 years at Johnson & Johnson, will receive 8,916 restricted stock units under the company’s equity plan, which vest upon the earlier of March 2025 or the appointment of a permanent CEO. This move reflects Masimo’s strategy to leverage Brennan’s experience in scaling businesses and fostering innovation.
For an in-depth examination of MASI stock, go to TipRanks’ Stock Analysis page.
