IRobot names Akamai CEO to its board
From AP News | 2010-02-03 17:42:30
<div id="subtitle">IRobot names Paul Sagan, chief executive of Akamai Technologies, to board of directors</div><div><p>IRobot Corp., which makes military robots and consumer home-cleaning robots such as the Roomba, said Wednesday it has added Paul Sagan, CEO of Akamai Technologies Inc., to its board.</p><p>That increases the number of iRobot board members to 10 from nine, the company said in a filing with the Securities and Exchange Commission. Sagan will be awarded a stock option grant to purchase 40,000 shares.</p><p>Sagan, 50, has been CEO of the Web content delivery technology provider since 2005. He has served as Akamai's president since 1999.</p><p>Previously, Sagan has been an adviser to the World Economic Forum and worked as an executive for Time Warner Cable, Time Inc. and CBS Inc.</p><p>Sagan also serves on the board of EMC Corp.</p><p>Shares of iRobot fell 37 cents, or 2.3 percent, to $15.81 in afternoon trading.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=68390886&bid=informcom" /></div><div id="copyright"><div>
Copyright 2010 <a href="http://www.ap.org">AP News</a></div></div>
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