iRobot has announced it has named Jeffrey Engel as President and Chief Operating Officer; he has more than 30 years of executive and advisory experience, most recently serving as the company’s Chief Restructuring Officer.
Mr Engel will oversee daily operations and be responsible for the company’s ongoing restructuring, research and development, operations and supply chain, and product management. He will report directly to Gary Cohen, iRobot CEO.
“Since joining iRobot, I have been inspired by the commitment set forth by the organization to returning to growth and capitalizing on the many opportunities that exist in both the near-term and long-term,” said Jeff Engel, President and COO at iRobot. “I am honored to take on the role of President and COO and look forward to working across the company to continue innovating, bringing new products to market and further establishing the strategic direction that will ensure iRobot is well positioned for the future.”
iRobot announced it has named Jeffrey Engel as President & Chief Operating Officer.
Mr Engel is a global turnaround and restructuring advisor with more than 30 years of C-suite and advisory experience leading successful turnarounds across multiple industries and geographies.
Prior to iRobot, Mr Engel served as Founder and Managing Director of Pacific Partners Capital, an advisory firm that helped clients navigate complex and challenging situations in industrial companies, manufacturing, consumer products and electronics, automotive and software sectors.
“Jeff is a highly accomplished executive with a unique set of skills and experiences that have allowed him to excel at leading organizations through change and turning companies around,” said Mr Cohen, iRobot CEO.
“Since joining iRobot as Chief Restructuring Officer earlier this year, Jeff has not only played a pivotal role in defining and executing on the company’s operational restructuring plan, but he has also stepped in to successfully lead our manufacturing, supply chain and engineering organizations. His experience as a turnaround leader and business architect is proven, and we are confident that with his leadership as President and COO, the company will continue progressing on its strategic initiatives and return to profitable growth.”
