Masimo added new leaders in key focus areas including Chief Commercial Officer, President of Japan and Asia Pacific, Chief Marketing and Strategy Officer, EVP of Quality and Regulatory, and Chief IT Officer.
Leadership additions aim to augment commercial and operational excellence, support growth strategy, and attract top industry talent.
Leadership changes follow previous addition of Chief Human Resource Officer, emphasizing a strong focus on talent and innovation.
Capital Allocation and Shareholder Return Strategy
The company is committed to returning capital to shareholders through share repurchases and debt reduction, leveraging improved EBITDA and free cash flow.
Management announced a plan to reduce stock-based compensation as a percentage of revenue to mid- to high-single digits in 2026.
The company has no near-term plans for acquisitions, focusing instead on profitability and organic growth.
Leadership emphasizes that profitability improvements will help close the gap between intrinsic and market value, benefiting shareholders.
Dafinchi