STOCK TITAN

iRobot Announces Executive Transitions

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

iRobot Corp (NASDAQ: IRBT) announced key executive transitions, with CFO Julie Zeiler and CHRO Russ Campanello set to retire effective December 2, 2024. Karian Wong, current SVP and principal accounting officer, will succeed as CFO, while Jules Connelly will become the new CHRO. Both retiring executives will remain in advisory roles through March 28, 2025. Wong brings over 25 years of auditing and accounting experience, including seven years at iRobot, while Connelly, who joined in 2017, has extensive experience in HR processes and employee engagement. The transitions align with the company's Elevate turnaround strategy aimed at reclaiming iRobot's position as a global innovation leader in consumer robots.

iRobot Corp (NASDAQ: IRBT) ha annunciato importanti transizioni dirigenziali, con la CFO Julie Zeiler e il CHRO Russ Campanello che andranno in pensione a partire dal 2 dicembre 2024. Karian Wong, attuale SVP e principale responsabile contabile, succederà a Zeiler come CFO, mentre Jules Connelly diventerà il nuovo CHRO. Entrambi i dirigenti in pensione rimarranno in ruoli di consulenza fino al 28 marzo 2025. Wong porta con sé oltre 25 anni di esperienza in auditing e contabilità, di cui sette anni trascorsi in iRobot, mentre Connelly, che è entrato nell'azienda nel 2017, ha un'ampia esperienza nei processi HR e nell'engagement dei dipendenti. Queste transizioni si allineano con la strategia di rilancio Elevate dell'azienda, mirata a riprendere la posizione di iRobot come leader globale nell'innovazione dei robot per i consumatori.

iRobot Corp (NASDAQ: IRBT) anunció importantes transiciones en la alta dirección, con la CFO Julie Zeiler y el CHRO Russ Campanello planeando retirarse a partir del 2 de diciembre de 2024. Karian Wong, actual SVP y principal oficial de contabilidad, asumirá el cargo de CFO, mientras que Jules Connelly será el nuevo CHRO. Ambos ejecutivos que se retiran permanecerán en roles de asesoría hasta el 28 de marzo de 2025. Wong aporta más de 25 años de experiencia en auditoría y contabilidad, incluyendo siete años en iRobot, mientras que Connelly, que se unió en 2017, tiene una amplia experiencia en procesos de recursos humanos y compromiso de empleados. Las transiciones se alinean con la estrategia de recuperación Elevate de la compañía, destinada a recuperar la posición de iRobot como líder global en innovación en robots de consumo.

아이로봇 Corp (NASDAQ: IRBT)는 CFO 줄리 자일러(Julie Zeiler)와 CHRO 러스 캄파넬로(Russ Campanello)가 2024년 12월 2일부터 은퇴할 예정이라고 발표했습니다. 현재 SVP이자 수석 회계 책임자인 카리안 황(Karian Wong)이 CFO로 취임하며, 줄스 코넬리(Jules Connelly)가 새로운 CHRO가 될 것입니다. 은퇴하는 두 경영자는 2025년 3월 28일까지 자문 역할을 계속할 것입니다. 황은 아이로봇에서 7년을 포함해 25년 이상의 감사 및 회계 경험을 보유하고 있으며, 코넬리는 2017년에 합류해 HR 프로세스 및 직원 참여에 대한 폭넓은 경험을 가지고 있습니다. 이러한 전환은 소비자 로봇 분야에서 아이로봇의 글로벌 혁신 리더십을 회복하기 위한 회사의 Elevate 턴어라운드 전략과 일치합니다.

iRobot Corp (NASDAQ: IRBT) a annoncé des changements clés au sein de sa direction, avec la CFO Julie Zeiler et le CHRO Russ Campanello qui prendront leur retraite à compter du 2 décembre 2024. Karian Wong, actuelle SVP et responsable comptable principal, succédera à Julie Zeiler en tant que CFO, tandis que Jules Connelly deviendra le nouveau CHRO. Les deux dirigeants partants occuperont des rôles de conseil jusqu'au 28 mars 2025. Wong possède plus de 25 ans d'expérience dans l'audit et la comptabilité, dont sept ans chez iRobot, tandis que Connelly, qui a rejoint l'entreprise en 2017, a une vaste expérience dans les processus RH et l'engagement des employés. Ces transitions s'alignent sur la stratégie de relance Elevate de l'entreprise, visant à redonner à iRobot son statut de leader mondial de l'innovation en matière de robots de consommation.

iRobot Corp (NASDAQ: IRBT) kündigte wichtige Führungswechsel an, wobei Finanzvorstand Julie Zeiler und Personalvorstand Russ Campanello zum 2. Dezember 2024 in den Ruhestand treten werden. Karian Wong, derzeit SVP und Hauptbuchhalter, wird die Position des CFO übernehmen, während Jules Connelly neuer CHRO wird. Beide scheidenden Führungskräfte werden bis zum 28. März 2025 in beratenden Funktionen bleiben. Wong bringt über 25 Jahre Erfahrung in der Wirtschaftsprüfung und Rechnungslegung mit, darunter sieben Jahre bei iRobot, während Connelly, der 2017 eintrat, umfassende Erfahrung in HR-Prozessen und Mitarbeiterengagement hat. Die Wechsel stehen im Einklang mit der Elevate-Wendestrategie des Unternehmens, die darauf abzielt, die Position von iRobot als globaler Innovationsführer im Bereich der Verbraucherroboter zurückzugewinnen.

Positive
  • Implementation of planned succession strategy maintaining operational continuity
  • New CFO brings 25+ years of relevant financial experience
  • Internal promotions suggesting strong talent pipeline
Negative
  • Simultaneous departure of two key executive officers
  • Company currently undergoing turnaround strategy indicating previous performance challenges

BEDFORD, Mass., Nov. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Julie Zeiler, the company's chief financial officer, and Russ Campanello, the company's chief human resources officer, will retire, effective December 2, 2024. Karian Wong, iRobot's senior vice president and principal accounting officer, will succeed Ms. Zeiler as chief financial officer, and Jules Connelly, the company's former senior director of human resources, will succeed Mr. Campanello as chief human resources officer. As part of a planned succession, Ms. Zeiler and Mr. Campanello are expected to stay on in advisory roles through March 28, 2025.

"Karian and Jules each have an in-depth understanding and a unique historical perspective of iRobot, and represent our new generation of leaders," said Gary Cohen, iRobot's chief executive officer. "I look forward to working with them as we execute our Elevate turnaround strategy to reclaim iRobot's position as the global innovation leader in consumer robots for the home and beyond."

"Both Julie and Russ have contributed a tremendous amount in their time with iRobot. They have been instrumental in our aggressive efforts to position the company for profitability in what is a dynamic environment. On behalf of our board of directors, along with our entire leadership team, I want to thank them for their hard work and wish them nothing but the best."

Ms. Wong has more than 25 years of auditing and accounting experience and has been with iRobot for over seven years. She joined iRobot in 2017 as VP of finance and chief accounting officer. She has served as SVP and principal accounting officer since 2021 and has led the company's investor relations efforts for the past two years. Prior to joining iRobot, Ms. Wong was VP and controller at Nuance Communications, a publicly held computer software technology corporation, where she worked for 11 years. She was previously a senior audit manager at Ernst & Young. Ms. Wong is a graduate of the University of Arizona.

Ms. Connelly joined iRobot in 2017, rising to senior director of human resources in 2023. Throughout her career, Ms. Connelly has distinguished herself as an effective change agent with deep experience in designing and implementing effective HR processes and practices, particularly with respect to company culture and employee engagement. Prior to joining iRobot, she was the vice president of people operations at NutraClick, a technology-driven health and wellness products company. Ms. Connelly has a B.A. in psychology from the University of Connecticut.

About iRobot Corp.
iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. iRobot introduced the first Roomba robot vacuum in 2002. Today, iRobot is a global enterprise that has sold more than 50 million robots worldwide. iRobot's product portfolio features technologies and advanced concepts in cleaning, mapping and navigation. Working from this portfolio, iRobot engineers are building robots and smart home devices to help consumers make their homes easier to maintain and healthier places to live. For more information about iRobot, please visit www.irobot.com

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to iRobot Corporation's expectations concerning executive transitions and execution of the company's strategy. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/irobot-announces-executive-transitions-302297001.html

SOURCE iRobot Corporation

FAQ

When will iRobot's CFO Julie Zeiler and CHRO Russ Campanello retire?

Both executives will retire effective December 2, 2024, and will remain in advisory roles through March 28, 2025.

Who is replacing Julie Zeiler as CFO of iRobot (IRBT)?

Karian Wong, iRobot's current Senior Vice President and principal accounting officer, will succeed Julie Zeiler as CFO.

What is iRobot's (IRBT) current business strategy?

iRobot is executing an 'Elevate turnaround strategy' to reclaim its position as the global innovation leader in consumer robots for the home and beyond.

iRobot Corporation

NASDAQ:IRBT

IRBT Rankings

IRBT Latest News

IRBT Stock Data

210.41M
29.11M
4.25%
67.68%
15.96%
Furnishings, Fixtures & Appliances
Household Appliances
Link
United States of America
BEDFORD