On May 13, 2024, Craig Reynolds, Lead Independent Director of Masimo Corporation, responded to Quentin Koffey of Politan Capital Management LP regarding their rejected offer to appoint Jellison to the Company?s Board and settle differences. Craig Reynolds expressed disappointment in Koffey's lack of constructive engagement and emphasized the reasonableness of their settlement proposal. Craig Reynolds highlighted concerns about potential deadlock if too many Politan Capital nominees were added to the board, asserting the importance of maintaining board independence and fiduciary responsibilities.

Father, Reynolds defended the Company CEO Kiani's leadership and urged cooperation to avoid a damaging proxy fight.