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iRobot Board Transformation with New Director and Resignation
Company Announcements

iRobot Board Transformation with New Director and Resignation

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iRobot (IRBT) has provided an announcement.

iRobot Corporation announced the appointment of Julien Mininberg as a Class II director on June 13, 2024, following a recommendation from its Nominating and Corporate Governance Committee. Mininberg will receive a pro rata share of the customary $200,000 stock grant for non-employee directors and will be indemnified in line with existing agreements. His role and compensation align with company policies, and there are no conflicting interests disclosed. Additionally, Mohamad Ali resigned from the Board for personal reasons, with no disputes over the company’s operations or policies. The press release regarding these Board changes is not considered filed under SEC regulations but is provided for informational purposes.

Learn more about IRBT stock on TipRanks’ Stock Analysis page.

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