Former Chief Executive Officer and Chairman of the Board · MASIMO CORP (MASI)

Joe Kiani

A named executive officer of MASIMO in every fiscal year CompBrief holds from FY2018 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2024

$15,932,345

FY2023: $15,476,756

Compensation figures as of the proxy filed March 26, 2025 (DEF 14A).

Joe Kiani compensation by year

MASIMO Summary Compensation Table · all 7 fiscal years held
In US dollars, as MASIMO reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2018FY2019FY2020FY2021FY2022FY2023FY2024
Salary$1,139,855$1,109,119$1,142,392$1,176,664$1,220,920$1,247,786$1,209,181
Bonus$0$0——$0$0$0
Stock awards$8,999,934$8,999,903$8,999,887$8,999,953$9,899,973$9,899,929$10,259,983
Option awards$2,984,635$2,999,997$2,999,999$2,999,417$3,299,970$3,299,985$3,420,105
Non-equity incentive$1,595,383$1,508,183$1,657,764$1,647,794$1,123,007$0$0
Pension and deferred compensation$0$0——$0$0$0
All other$327,349$378,899$693,681$1,395,450$967,566$1,029,056$1,043,076
Total$15,047,156$14,996,101$15,493,723$16,219,278$16,511,436$15,476,756$15,932,345

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: MASIMO CORP DEF 14A filed March 26, 2025, accession 0001104659-25-027887, and prior-year filings. Open the filing on EDGAR.

$15.0M
$15.0M
$15.5M
$16.2M
$16.5M
$15.5M
$15.9M
FY18
FY19
FY20
FY21
FY22
FY23
FY24
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2022 year-end
TypeUnvested unitsValue at year-endExercise price
PSU2,700,000$790,506,000—
PSU67,415$19,737,764—
PSU50,161$14,686,138—
PSU35,895$10,509,338—
PSU20,000$5,855,600—
Option300,000—$37.84
Option300,000—$38.76
Option39,563—$250.73
Option43,413—$133.50
Option41,745—$86.95
Option20,000—$90.87
Option53,069—$179.42

Per the Outstanding Equity Awards at Fiscal Year-End table in MASIMO CORP's FY2022 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments MASIMO discloses, by trigger · FY2022
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Disability—$790,506,000$4,030$792,301,110
Involuntary termination without cause$35,000,000$81,871,945$4,030$912,979,243
Change in control, no termination$35,000,000$790,506,000—$825,506,000
Death—$790,506,000$4,030$792,301,110

Per the Potential Payments Upon Termination or Change in Control table in MASIMO CORP's FY2022 proxy. Estimates as the company printed them; a dash means it printed no figure.

MASIMO’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Joe Kiani · this pageFormer Chief Executive Officer and Chairman of the Board$15,932,345
Bilal MuhsinChief Operating Officer$8,180,510
Micah YoungExecutive Vice President and Chief Financial Officer$8,118,446
Tom McClenahanExecutive Vice President, General Counsel and Corporate Secretary$7,179,060
Blair TripodiChief Operating Officer, Consumer Division$6,852,368
Michelle BrennanFormer Interim Chief Executive Officer$1,696,001

The full MASIMO compensation record

free company brief

This page is one person within MASIMO's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are MASIMO's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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