MICAH YOUNGCFOMASIMO CORP.
WHY: In 2022, oversaw major shift in company’s strategy by taking technology long sold to hospitals and applying it to consumer products like watches. Has stayed on the job even though investors didn’t like strategy, voted out founder/CEO Joe Kiani a year ago and installed new CEO Katie Szyman.
IN THE NEWS: Company in September completed $350M sale of consumer unit, which Masimo bought for $1B in 2022.
NOTABLE: Won Business Journal CFO of the Year Award in 2023, in public company
category. Recognized for delivering strong shareholder returns, increasing Masimo’s annual investor outreach, and playing a critical role in the execution of six acquisitions and one licensing deal – all since joining Masimo in 2017.
QUOTABLE: “I want to begin by expressing how proud I am of our global team for their outstanding efforts this quarter. They successfully managed the challenges of the cybersecurity event, implemented measures that reduced our tariff burden by more than 50%, and continued to deliver strong results with revenue meeting expectations and EPS growing by 46%.” — Q2 conference call
