{
  "docId": "019f6b8f-539e-76ae-9e05-c3ee7dac0544",
  "docSlug": "jarvis-politan-capital-masimo-presentation-may-2023",
  "documentTitle": "Politan Capital Masimo Presentation May 2023",
  "authorId": "politan-capital-masimo-presentation-may-2023",
  "authorName": null,
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2023-05-01 00:00:00",
  "orientation": null,
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  "pageNumber": 15,
  "pageCount": 74,
  "prevPage": 14,
  "nextPage": 16,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "sparse",
  "nDataPoints": 22,
  "notes": "Uses a combination of a bar chart for short-term relative performance and a table for long-term TSR comparison.",
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  "imagePath": null,
  "slideHref": "/slides/019f6b8f-539e-76ae-9e05-c3ee7dac0544/15",
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  "deckAnchorHref": "/decks/019f6b8f-539e-76ae-9e05-c3ee7dac0544#slide-15",
  "components": [
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        "h": 0.45,
        "w": 0.35,
        "x": 0.05,
        "y": 0.315
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      "kind": "chart",
      "text": "Relative performance of Masimo vs peers from 8/16/22 to 5/8/23",
      "attrs": null,
      "subkind": "bar-vertical",
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        "y": 0.85
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      "kind": "other",
      "text": "Bloomberg data. Left: See prior page for description of total stock return after Politan 13D. Right: Data through May 22nd, 2023...",
      "attrs": null,
      "subkind": "source-note",
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      "componentId": "e3e1e2e6-a5a3-4ba0-9a6e-e9a2615fe76a",
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    {
      "bbox": {
        "h": 0.45,
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      "kind": "table",
      "text": "TSR comparison table for 1.3, 3, and 5 years across 6 peer categories",
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      "subkind": "data",
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      "bbox": {
        "h": 0.08,
        "w": 0.7,
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      },
      "kind": "title",
      "text": "Despite Outperformance From Politan Engagement Masimo Underperformance Remains Stark",
      "attrs": null,
      "subkind": "headline",
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      "evidence": "Compares Masimo's performance against multiple peer benchmarks to highlight underperformance.",
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      "beatId": "febe0fc3-8a3f-456c-b2fb-3e767be57894",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Problem",
      "beatSlug": "problem-agitate-solution-problem-identify-pain",
      "evidence": "Slides present various problems with Masimo's governance and performance.",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
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    {
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      "name": "Tale Two Worlds",
      "slug": "04-tale-two-worlds",
      "bestFor": "Competitive analysis, benchmarking, case for change",
      "matchId": "8ac2d1c6-fe19-4e99-b67e-07ec97f479ea",
      "evidence": "Slides contrast current performance with potential benefits of change.",
      "position": 0,
      "objective": "Contrast Masimo's performance with potential under new governance.",
      "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication",
      "confidence": 0.7,
      "description": "Show the gap between two states to drive urgency or highlight opportunity"
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