Sound United CEO Duffy Leaving Masimo Friday After Termination
Masimo sent Sound United CEO Kevin Duffy a notice of termination without cause July 11, effective Friday, said an SEC filing. Duffy agreed to remain with Sound United until that day to assist with the transition on an “as-needed basis…
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following the termination of his employment,” the filing said. The medical technology company bought Sound United parent company Viper Holdings in April for $1 billion. Duffy, also CEO of Sound United’s holding company DEI Holdings, joined DEI in 2003 and had roles including chief financial officer and president-Directed Electronics. Before joining DEI, Duffy worked for private investment firm ThinkTank Holdings. He also was director of strategy at Clarion. Masimo didn't comment Thursday. The company reports Q2 earnings Tuesday.