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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 24, 2007
iROBOT CORPORATION
 
(Exact Name of Registrant as Specified in its Charter)
Delaware
 
(State or Other Jurisdiction of Incorporation)
     
000-51598   77-0259335
     
(Commission File Number)   (IRS Employer Identification No.)
     
63 South Avenue, Burlington, Massachusetts   01803
     
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s telephone number, including area code: (781) 345-0200
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Item 7.01 Regulation FD Disclosure.
Item 9.01 Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
Ex-99.1 Press Release issued on April 24, 2007


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Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
     (c)     On April 24, 2007, iRobot Corporation (“the Company”) announced the appointment of Sandra B. Lawrence as President and General Manager of the Company’s Home Robots division, effective May 15, 2007. Ms. Lawrence, who is 57 years old, has served in a number of positions at Johnson & Johnson. Currently, Ms. Lawrence is serving as Vice President, Innovation and Growth Platforms for the Consumer Group of Companies of Johnson & Johnson, a position in which she has served since September 2005. From October 2002 to September 2005, she served as Vice President, Sales and Marketing for The Spectacle Lens Group, a division of Johnson & Johnson Vision Care. Prior to joining Johnson & Johnson, Ms. Lawrence served as Senior Vice President & General Manager, Instant Digital Printing Group at Polaroid Corporation, a position in which she served from June 2001 to October 2002. Ms. Lawrence has a B.S. in business administration from the University of Maine and an M.B.A. from Northeastern University. In connection with her appointment, Ms. Lawrence and the Company will enter into an executive agreement and an indemnification agreement, the forms of which are attached as exhibits to the Company’s annual report on Form 10-K.
Item 7.01     Regulation FD Disclosure.
     On April 24, 2007, iRobot Corporation issued a press release announcing the appointment of Sandra B. Lawrence as President and General Manager of the Company’s Home Robots division, a copy of which is being furnished as Exhibit 99.1 to this Report on Form 8-K.
     The information in this Item 7.01 and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01     Financial Statements and Exhibits.
     (d)     Exhibits:
     
99.1
  Press Release issued by the registrant on April 24, 2007, furnished herewith.

 


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SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
    iRobot Corporation
 
 
April 25, 2007  By:   /s/ Glen D. Weinstein    
    Glen D. Weinstein   
    General Counsel and Secretary   

 


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EXHIBIT INDEX
     
Exhibit Number   Description
 
   
99.1
  Press Release issued by the registrant on April 24, 2007, furnished herewith.

 

exv99w1
 

Exhibit 99.1
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Contacts:
   
Nancy Dussault
  Elise Caffrey
Media Relations
  Investor Relations
iRobot Corp.
  iRobot Corp.
(781) 418-3323
  (781) 418-3003
ndussault@irobot.com
  ecaffrey@irobot.com
iRobot Names Sandra Lawrence President, Home Robots Division
BURLINGTON, Mass., April 24, 2007 — iRobot Corp. (NASDAQ: IRBT) today announced that Sandra B. Lawrence will join as president and general manager of the company’s Home Robots division. Ms. Lawrence will be directly responsible for all aspects of the division’s strategy development and execution, as well as innovation and operations. She will focus on expanding iRobot’s portfolio of home robots and delivering products to a broader set of global customers. Lawrence will report to Chief Executive Officer Colin Angle.
“It’s an exciting time in the history of the robot category, and Sandra’s track record of taking technical and product innovations and translating them into global success stories makes her an ideal match for our Home Robots business,” said Angle. “We are delighted she is joining iRobot.”
Twice named to Advertising Age’s “Top Marketer” list for her vision in introducing products that created new and burgeoning consumer markets, Lawrence brings to iRobot leadership experience from some of the world’s top brands. Most recently she was vice president of innovation and growth platforms for the $14 billion consumer group of companies at Johnson & Johnson. Prior to that, Lawrence was vice president of sales and marketing for The Spectacle Lens Group, a division of Johnson & Johnson Vision Care. There, she was responsible for developing new technology innovations into successful businesses around the world.
Previously, Lawrence served in several roles at Polaroid including chief marketing officer as well as senior vice president of the Teen franchise where she conceptualized and launched the very successful iZone pocket cameras. She left Polaroid as senior vice president and general manager of the Instant Digital Printing Group, where she led the conception through introduction — and all operational phases in between — of new products that could result in billion dollar businesses. She began her career at The Gillette Company, ultimately rising to the position of vice president of new products and business development, where she oversaw development for Gillette’s Personal Care products in the U.S., Canada and Europe. One of her earliest successes was the development and launch of the Silkience hair care brand.
Lawrence has a bachelor’s degree in business administration from the University of Maine and a master’s degree in business administration from Northeastern University.
About iRobot Corp.
iRobot is a provider of robots that perform dull, dirty or dangerous missions in a better way. The company’s proprietary technology, iRobot AWARE Robot Intelligence Systems, incorporates advanced concepts in navigation, mobility, manipulation and artificial intelligence. This
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proprietary system enables iRobot to build behavior-based robots, including its family of consumer and military robots. For additional 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. 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. In particular, the risks and uncertainties include, among other things, our ability to retain our personnel and hire additional skilled personnel. 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 Corporation 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 Corporation, 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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