Activist Politan Seeks Two More Board Seats at Masimo (1)

Politan Capital Management is seeking two more seats on the board of Masimo Corp., marking its second proxy battle at the health-care technology company in as many years.

The activist investor has put forward Darlene Solomon, former chief technology officer at Agilent Technologies Inc., and William Jellison, ex-chief financial officer of Stryker Corp., for election, according to a statement on Monday.

Politan holds an 8.9% stake in Irvine, California-based Masimo. It said it supports a strategic review to separate Masimo’s consumer business but has concerns about “broken governance and lack of independent oversight” at the company.

Politan’s ...