Gary Cohen was named as CEO by iRobot

iRobot Tuesday announced the successor to longtime CEO, Colin Angle. Gary Cohen, who previous held chief executive role at Timex and Qualitor Automotive,

Roomba-parent iRobot also beat revenue estimates for the first quarter. Founder Colin Angle stepped down as CEO in January, saying that the company might be better served by a new leader with turnaround experience. Shares of the Bedford, Massachusetts-based company rose more than 4% in extended trading.