Home Procurement NewsMasimo’s billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight

Masimo’s billionaire CEO put shares on margin to get cash while keeping ownership ahead of proxy fight

May 1, 2024•

Masimo has allowed founder Joe Kiani to pledge more than half his $660 million stake in the company as collateral for personal loans.

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Last modified: May 1, 2024

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