leadership
confidence high
sentiment neutral
materiality 0.50
Masimo formalizes interim CEO Michelle Brennan's employment agreement
MASIMO CORP
- Base salary of $1,042,000 per year; eligible for discretionary bonus with target $621,250.
- Granted 8,916 RSUs vesting on earlier of March 24, 2025 or appointment of permanent CEO.
- Agreement effective Sept 24, 2024 for six-month term; at-will employment.
- Brennan continues as Board member; waives board compensation during interim CEO period.