---
schema_version: "secwatch.filing_event.v1"
accession: "0001159167-24-000035"
form_type: "8-K"
ticker: null
cik: "0001159167"
company_name: "IROBOT CORP"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T16:14:36.692734+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# iRobot appoints Gary S. Cohen as President and CEO effective May 6, 2024

## Summary
- Gary Cohen, 63, former CEO of Qualitor Automotive and Timex, becomes CEO, succeeding Glen D. Weinstein.
- Cohen receives $700k base salary, bonus target 100% of base (guaranteed 50% prorated for 2024), plus 290k time-based RSUs and 435k performance-based RSUs.
- Weinstein to provide transition services for 60 days; eligible for $430k severance and full vesting acceleration of 115,163 RSUs and 1-year accelerated vesting on other equity.
- Employment agreement provides 12 months salary severance for non-Cause termination and 24 months salary plus 200% bonus if termination follows a Change in Control.

## SEC filing metadata
- accession: 0001159167-24-000035
- form_type: 8-K
- cik: 0001159167
- company_name: IROBOT CORP
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1159167/000115916724000035/0001159167-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1159167/000115916724000035/irbt-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001159167-24-000035
- JSON: https://secwatch.observer/filing/0001159167-24-000035.json
- Plain text: https://secwatch.observer/filing/0001159167-24-000035.txt

## Key facts
- Executive change
  Glen D. Weinstein resigned as Chief Executive Officer at IROBOT CORP.
  - Action: resigned
  - Role: Chief Executive Officer
  source text: Mr. Weinstein will provide transition services as a Company employee for the 60-day period following the Effective Date, following which his employment will terminate.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1159167/000115916724000035/0001159167-24-000035-index.htm
- Executive change
  Gary S. Cohen was appointed as President and Chief Executive Officer at IROBOT CORP.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: The Board of Directors (“Board”) of iRobot Corporation (the “Company”) has appointed Gary S. Cohen as the Company’s President and Chief Executive Officer effective May 6, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1159167/000115916724000035/0001159167-24-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.