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Masimo Corp: Joe Kiani's medical technology firm measures blood oxygen
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Forbes
Photo by Towfiqu barbhuiya on Unsplash
TL;DR
Joe Kiani, Masimo Corp.'s founder and former CEO, resigned in September 2024 after losing a proxy battle with activist shareholders. Kiani invented an improved pulse oximeter that boosted Masimo's market position, and he led the 2022 acquisition of Sound United. He is now CEO of Willow Labs, which created a health app.
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Key takeaways
- Joe Kiani, founder of medical technology firm Masimo Corp
- , was ousted from the board and resigned as CEO in September 2024 following a proxy fight with activist shareholders, according to Forbes
- Masimo's devices utilize non-invasive methods to measure patients' blood oxygen levels
Joe Kiani, founder of medical technology firm Masimo Corp., was ousted from the board and resigned as CEO in September 2024 following a proxy fight with activist shareholders, according to Forbes. Masimo's devices utilize non-invasive methods to measure patients' blood oxygen levels.
An Iranian immigrant with a background in electrical engineering, Kiani developed a significantly improved pulse oximeter, propelling Masimo to market leadership. In 2022, he spearheaded the company's acquisition of Sound United, owner of numerous audio brands. Kiani currently serves as CEO of Willow Labs, a company that developed a mobile application focused on promoting healthy living.
Related Topics
Masimo CorpJoe Kianimedical technologyblood oxygennon-invasive monitoring
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