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Masimo Corporation

Adam Mikkelson Resigns from Masimo Corporation Board

| 8-K |Healthcare

Summary

On February 13, 2024, Adam Mikkelson, a long-serving member of Masimo Corporation's Board of Directors since October 2016, announced his resignation effective February 29, 2024, due to personal reasons. Mikkelson, who has also been the Chair of the Audit Committee and a member of the Compensation Committee and the Nominating, Compliance and Corporate Governance Committee, will be succeeded by Craig Reynolds as the Chair of the Audit Committee and Bob Chapek will join the Compensation Committee and the Nominating, Compliance and Corporate Governance Committee.

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About Masimo Corporation

Masimo Corporation is a global leader in noninvasive monitoring technologies, specifically focusing on developing innovative medical devices that improve patient outcomes and reduce the cost of care. The company's flagship product line includes advanced signal processing pulse oximetry devices, which are pivotal in accurately measuring oxygen levels, pulse rate, and other vital signals without the need for invasive procedures. Masimo's technology is widely adopted across various healthcare settings including hospitals, outpatient treatment centers, and alternative care sites, enhancing patient monitoring and aiding clinicians in detecting potential health issues more efficiently. Besides, Masimo’s products are recognized for their precision and reliability, demonstrating robustness even in challenging clinical environments where motion and low perfusion can affect monitoring accuracy. The corporation is committed to expanding its technological suite, covering a spectrum of health monitoring solutions that contribute to improved healthcare practices globally. Based in Irvine, California, Masimo's ongoing innovation continues to set benchmarks in the healthcare industry, influencing a wide range of sectors from emergency care to surgical and critical care monitoring.

Exchange: NASDAQ Industry: Medical Devices Company Website →

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