Masimo Corp. Chief Operating Officer Bilal Muhsin is set to resign, effective July 1.
Muhsin informed the board of his decision to resign on June 6, citing he was resigning “to pursue other opportunities,” according to regulatory filings. Masimo said it doesn’t plan to replace him at this time.
Muhsin last year told the board of his intention to resign if Joe Kiani was removed as chairman.
Other key leadership changes were announced Thursday, including the appointment of Tim Benner as chief marketing and strategy officer and Huimin Wang as president of Japan and Asia Pacific.
The company is also in search for a chief commercial officer.
Shares fell 1% to $165.34 and a $8.9 billion market cap in after-hours trading (Nasdaq: MASI).
