iRobot names former Timex head Gary Cohen as CEO

iRobot names former Timex head Gary Cohen as CEO

iRobot Tuesday revealed the follower to long time CEO, Colin Angle. Gary Cohen, who previous held president function at Timex and Qualitor Automotive, will be directing the business, marking a significant shift from his predecessor, Angle, a cofounder of the business who held the function from 1997 up until January of this year.

Cohen signs up with iRobot at a turbulent time. At the start of 2024, after regulators quashed Amazon’s organized acquisitionthe Roomba-maker laid off almost a 3rd of its headcount.

In 2002, iRobot efficiently birthed the robotic vacuum, releasing what is, to date, the only mainstream home robotic classification. In the stepping in twenty years, nevertheless, the business has actually had a hard time to diversify its portfolio beyond the Roomba– though definitely not for absence of attempting. The competitors, on the other hand, has actually considering that grown far stiffer, with lots of gamers using lower rate options as iRobot has actually continued to concentrate on the premium sector.

The chairman of iRobot’s board of directors, Andrew Miller, states the business has actually currently made “substantial development” in its on-going restructure post-Amazon.

“Gary’s management qualities and locations of competence, consisting of industrial development, item development, brand-building, international circulation, and functional performances, are a strong match to deal with the chances that lay ahead for iRobot,” Miller keeps in mind in a release“His tested performance history of effectively leading international customer companies through tough times offers us even higher self-confidence that he is the ideal individual to lead the business on its course towards going back to successful development.”

Cohen himself represents a shift in focus for the business. Angle and cofounders Helen Greiner and Rodney Brooks are all roboticists by training, having actually fulfilled at MIT’s Artificial Intelligence Lab. Cohen’s background is a lot more soaked in the conference room. Likely the brand-new CEO will need to make harder choices as the business works to turn its fortunes around.

“I anticipate dealing with the board, the management group,” Cohen kept in mind, “and our staff members throughout the business to renew the classification, develop worth, bring brand-new items to market, and continue constructing the future of customer robotics.”

Interim CEO Glen Weinstein will remain on for another 2 months as iRobot shifts to brand-new management.

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