SharkNinja appoints Howard Nuk as chief advanced development & design officer

NEEDHAM, Mass. - SharkNinja, Inc (NYSE:SN) announced Tuesday the appointment of Howard Nuk as Chief Advanced Development & Design Officer (CADDO), a newly created position at the company.

In his role, Nuk will lead front-end concept development and early-stage product architecture, reporting directly to Ross Richardson, Chief Design Officer. He will oversee a global team focused on delivering consumer-focused concept designs and guiding them through early development phases before transitioning to SharkNinja’s production pipeline.

Nuk brings over 25 years of product design experience across consumer technology, automotive, and luxury lifestyle brands. Most recently, he served as Chief Designer & Vice President of Design at Luminar, where he developed LiDAR systems for safety and autonomy, including a collaboration with Mercedes-AMG PETRONAS F1.

His previous positions include Senior Vice President of Design & Innovation at Restoration Hardware, co-founder of Palm, and Vice President of Design at Samsung, where he helped develop products including Galaxy Buds and Gear S2. Nuk also worked as VP of Industrial Design at Ammunition, contributing to Beats by Dre headphones and the Square product ecosystem.

According to the company’s press release, Nuk has been recognized as one of Fast Company’s Most Creative People and holds over 100 patents along with numerous design awards including iF, Red Dot, and IDSA.

SharkNinja is a global product design and technology company headquartered in Needham, Massachusetts, with a portfolio of household products under the Shark and Ninja brands. The company maintains healthy financials with a current ratio of 1.97 and operates with moderate debt levels. For detailed analysis and valuation metrics, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks including SharkNinja.

In other recent news, SharkNinja Inc. reported its first-quarter 2025 earnings, revealing a significant 14.7% increase in net sales to $1.2 billion, which surpassed the revenue forecasts of $965 million. However, the company’s earnings per share (EPS) fell short of expectations, coming in at $0.87 compared to the projected $0.95. Despite this earnings miss, investor confidence remained strong. Canaccord Genuity raised its price target for SharkNinja to $136 from $127, maintaining a Buy rating, citing strong early demand for new products like the Ninja Swirl by CREAMi and Ninja Crispi. William Blair also reiterated its Outperform rating, noting ongoing challenges with tariffs and inventory shortages that could impact second-quarter performance. Meanwhile, BofA Securities affirmed a Buy rating with a $125 price target, supported by a 10.6% year-over-year increase in sell-through for the second quarter to date. Analysts have highlighted SharkNinja’s robust growth potential and innovation pipeline, with expectations of continued sales growth in the coming years.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.