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Health-tech firm Masimo , facing the imminent threat of litigation and a second proxy contest, offered a settlement to Politan Capital's Quentin Koffey on Thursday that would fill a vacant board seat with one of the activist's proposed directors. The company is trying to spin off its consumer technology division in concert with an unspecified joint-venture partner, CEO Joe Kiani said earlier this year. The settlement offer would not have been possible without the imminent resignation of current director Rolf Classon, whose departure was attributed to "personal health reasons." Koffey waged a successful proxy fight at Masimo last year earning himself and another nominee representation on Masimo's six-person board. Politan launched a second proxy fight to oust Kiani earlier this year, saying that the "absence of oversight has been damaging for shareholders."
Persons: Politan Capital's Quentin Koffey, Masimo's, Craig Reynolds, William Jellison, Joe Kiani, Koffey, Masimo, Rolf Classon, Politan, Kiani Organizations: Masimo Locations: Kiani
Health-tech company Masimo , best known for its successful patent litigation over the Apple Watch, is facing a proxy fight for the second time in two years — from the same activist investor who now sits on the company's six-person board. The acquisition, which frustrated some investors and was seen as unrelated to Masimo's core health-tech focus, prompted Politan's first proxy fight at the company. If successful, the activist investor would control four of the company's six board seats. In the previous proxy fight, Kiani showed no desire to settle a fight with the activist fund. Politan said in its release that it hoped to avoid another proxy fight.
Persons: Quentin Koffey's, Masimo, Politan's, Politan, Darlene Solomon, Bill Jellison, Solomon, Jellison, Michelle Brennan, Koffey, Joe Kiani, Kiani, Darlene, Bill, Quentin Koffey Organizations: Apple Watch, Sound Locations: Agilent
His identification makes Livingston the ninth presumed victim of Baumeister to be identified by investigators from among roughly 10,000 charred bones and bone fragments that were found at Baumeister’s sprawling property, Jellison said. He said investigators believe the bones and fragments could represent the remains of at least 25 people. During the original investigation in the 1990s, 11 human DNA samples were extracted from bones and bone fragments. Eight of those people, all young men, were identified and matched to DNA samples, with Livingston now the ninth to be identified, Jellison said. So far, more than 30 families have provided DNA samples, and Jellison hopes other families will submit additional samples.
Persons: Herbert Baumeister’s, Allen Livingston, Jeff Jellison, Livingston, Jellison, Baumeister, , ” Jellison, , we’ve, “ that's Organizations: INDIANAPOLIS, , Indianapolis, Indiana State Police Laboratory Locations: — Indiana, Indianapolis, Herbert Baumeister’s Indianapolis, Hamilton County, Canada, Westfield, Indiana, Ohio, Livingston
Eight of those people, all young men, were identified and matched to DNA samples, but the three remaining DNA profiles are of unknown individuals, Jellison said. A technician with the Hamilton County Sheriff's Department examines human bones in a wooded area at Fox Hallow Farm in 1996. He is encouraging relatives of young men who went missing from the mid-1980s to mid-1990s to submit a DNA sample to aid in the identification efforts. Anyone with a friend who went missing during that time-frame can also provide tips to investigators, Jellison said. These people are someone’s son, someone’s brother, someone’s father.
"Joe Biden wouldn't have run in '20 if Jill Biden had not wanted him to run and he won't run in '24 if Jill Biden doesn't want him to run," he told Insider. President Joe Biden and first lady Jill Biden watch fireworks go off on national mall from the White House on July 4, 2022, in Washington, DC. Jill Biden divorced her first husband after five years and married Joe Biden two years later. First lady Jill Biden tours a classroom at the James Rushton Early Learning Center in Birmingham, Alabama, on April 9, 2021. President Joe Biden and first lady Jill Biden arrive at Joint Base Andrews in Maryland on May 18, 2022.
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