Shortly there after, the executive bench was expanded to include Mark Barrocas as SharkNinja's president and second-generation co-founder driving the launch of the Ninja brand in 2009. The Shark brand was founded in 2007 by Rosenzweig with the launch of the No-Loss-of-Suction vacuum technology. In 2003, Rosenzweig moved the headquarters from Montreal to Needham, Massachusetts. The company has its origins through Euro-Pro Operating LLC in 1994, when Mark Rosenzweig of Montreal, whose family had run the business for generations prior to its incorporation, developed steam cleaners and upright vacuums. The company possesses a portfolio of over 3,000 patents in force in various jurisdictions, including the United States, Canada, China, Japan, South Korea, Australia, the United Kingdom, Germany, and France. Īs of December 31, 2022, SharkNinja had more than 2,800 employees located in nine countries and across 25 offices. The company's name is formed by combining its two primary brands: Shark, which mainly produces vacuum cleaners and similar devices and Ninja, which focuses on kitchen appliances such as blenders, multicookers, air fryers, and coffee makers. SharkNinja was a subsidiary of JS Global between 20, after which it was spun off to become a U.S. SharkNinja is led by CEO and second-generation founder, Mark Barrocas, who has led SharkNinja since 2008 and oversaw the company's transformation from an early-stage pioneer and small household appliances with less than $250 million in net sales to a leading global product design company with over $3.7 billion in net sales for the fiscal year ended December 31, 2022. SharkNinja (officially, SharkNinja, Inc.) is a global product design and technology company based in Needham, Massachusetts.
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