iRobot Corporation has announced the appointment of Gary Cohen as its new CEO, succeeding Colin Angle who resigned in January 2024. Cohen, previously the head of Timex, takes the helm as iRobot forecasts its 2024 revenue to reach approximately $837.5 million, which is above the expected $829.8 million. The company also highlighted its ongoing restructuring efforts and reported beating both top and bottom line expectations. Additionally, iRobot noted a significant short interest of 30% in its stock.