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Joe Kiani

Joe Kiani

Founder and former CEO, Masimo

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Masimo shareholders approve sale to Danaher

Money Moves

Departed company in September 2024 after losing proxy fight

Eighteen months after activist investor Politan Capital ousted Joe Kiani from the board of the medical-device company he founded in 1989, Masimo shareholders voted to sell it to Danaher for $9.9 billion. Roughly 37 million shares favored the deal; 17,061 opposed it, and 14,035 abstained.

Updated May 31