iRobot chief R&D officer Faris Habbaba steps down; receives 6-month severance

IROBOT CORP

Faris Habbaba, Chief R&D Officer, left iRobot effective June 4, 2024; employment ends June 14, 2024.
Severance: $207,500 (6 months base salary) paid in equal installments over 6 months.
COBRA healthcare premium contributions for up to 6 months if elected.
Habbaba signed a separation agreement with general release of claims and non-disparagement obligations.

item 5.02 item 9.01

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Departed

Faris Habbaba

Chief Research and Development Officer

IROBOT CORP

Effective: 2024-06-04
Filed: June 5, 2024, 7:59 PM ET

On June 4, 2024, iRobot Corporation (the “Company”) and Faris Habbaba, the Company’s Chief Research and Development Officer, agreed that Mr. Habbaba would step down from his role at the Company, effective immediately.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Faris Habbaba departed as Chief Research and Development Officer at IROBOT CORP.

Action: stepped down
Role: Chief Research and Development Officer

Exact text from the filing

On June 4, 2024, iRobot Corporation (the “Company”) and Faris Habbaba, the Company’s Chief Research and Development Officer, agreed that Mr. Habbaba would step down from his role at the Company, effective immediately.

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Source: SEC EDGAR

accession 0001159167-24-000053

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