BEDFORD, Mass., Jan. 17, 2017 /PRNewswire/ -- iRobot Corp.
(NASDAQ: IRBT), a leader in consumer home robotics products, today
announced the addition of Elisha
Finney, executive vice president and chief financial officer
at Varian Medical Systems (NYSE: VAR), to its board of directors.
Ms. Finney brings more than 25 years of financial and
technology-related expertise to iRobot as the company focuses on a
strategy of growth and allocating capital that maximizes
shareholder value.
Ms. Finney's management responsibilities at Varian Medical
Systems include corporate accounting; corporate communications and
investor relations; internal financial and compliance audit; risk
management; tax and treasury, and corporate information systems.
She joined Varian in 1988 and was named vice president of finance
and CFO in April, 1999. In January, 2005, she was promoted to
senior vice president and given additional management
responsibility for the corporate information systems group. Ms.
Finney was named executive vice president of Varian in February,
2012. She recently announced her intention to retire from Varian
when a successor is named, which is expected to occur during the
fiscal year 2017. Ms. Finney also serves on the board of directors
at ICU Medical and previously served as a board member at Altera
Corporation, Thoratec and Laserscope.
"Elisha's deep financial background, coupled with her knowledge
of information systems and manufacturing, will be tremendous assets
as iRobot continues to expand internationally, scale its connected
product line and maximize value for its shareholders," said
Colin Angle, chairman and CEO of
iRobot. "Elisha is a valuable addition to iRobot's team, and we are
excited to welcome her to the board."
"I am excited to join iRobot and work with its leadership team
and board as the company expands its operations worldwide," said
Ms. Finney. "Consumer robotics, while already a proven category,
possesses even more opportunity for household needs, and I look
forward to becoming a part of the company's success in the years to
come."
iRobot also announced that Andrea
Geisser and Gail Deegan will
be stepping down from the company's board of directors when their
terms expire at the next Annual Meeting of Shareholders, currently
planned for May 2017.
"Andrea and Gail have made significant contributions to iRobot
over the years, and we wish them the best as they move on to new
opportunities. As they step down, the recent additions of
Elisha and Andrew Miller, along with
the financial expertise that they both bring, ensure that the Board
is fully represented and in a strong position moving forward,"
stated Angle.
iRobot previously announced the naming of Andrew Miller, executive vice president and
chief financial officer at PTC, to its board of directors in
September 2016.
About iRobot Corporation
iRobot designs and builds robots that empower people to do more.
The company's home robots help people find smarter ways to clean
and accomplish more in their daily lives. iRobot's portfolio of
solutions features proprietary technologies for the connected home
and advanced concepts in navigation, mobility, manipulation and
artificial intelligence. 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 management's plans, objectives and
strategies. 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.
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SOURCE iRobot Corp.