iRobot Corporation, a leader in consumer robots, announced significant changes to its board of directors on June 13, 2024. Julien Mininberg, the former CEO of Helen of Troy, has been appointed as a Class II director to the iRobot Board. Mininberg's extensive experience in the consumer goods industry, including his roles in sales, marketing, finance, and strategic planning, is expected to be a valuable asset to iRobot as it focuses on profitability and growth. He will receive a pro rata portion of the annual grant of restricted stock units and will be compensated in accordance with the company's policy for non-employee directors. Concurrently, Mohamad Ali resigned from the board due to personal reasons, with no disagreements with the company's operations, policies, or practices. The board now consists of seven directors, six of whom are independent. The company issued a press release regarding these board changes, which is furnished as Exhibit 99.1 to the Current Report on Form 8-K.

iRobot Corporation, a leader in consumer robots, announced significant changes to its board of directors on June 13, 2024. Julien Mininberg, the former CEO of Helen of Troy, has been appointed as a Class II director to the iRobot Board. Mininberg's extensive experience in the consumer goods industry, including his roles in sales, marketing, finance, and strategic planning, is expected to be a valuable asset to iRobot as it focuses on profitability and growth. He will receive a pro rata portion of the annual grant of restricted stock units and will be compensated in accordance with the company's policy for non-employee directors. Concurrently, Mohamad Ali resigned from the board due to personal reasons, with no disagreements with the company's operations, policies, or practices. The board now consists of seven directors, six of whom are independent. The company issued a press release regarding these board changes, which is furnished as Exhibit 99.1 to the Current Report on Form 8-K.