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Posted 13 June, 2023

LOGITECH INTERNATIONAL S.A. appointed Guy Gecht as new CEO

Nasdaq:LOGI appointed new Chief Executive Officer Guy Gecht in a 8-K filed on 13 June, 2023.


  In connection with the above, on June 13, 2023, the Board appointed Guy Gecht, who has served as an independent member of Board, member of the Audit Committee of the Board, and member and Chairperson of its Technology and Innovation Committee, as Interim Chief Executive Officer of Logitech, effective immediately.  

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Overview of LOGITECH INTERNATIONAL S.A.
Technology • Computers/Consumer Electronics
Logitech International SA is a holding company, which engages in the design, manufacture, and marketing of peripherals for PCs, tablets, and other digital platforms. Its products include mice, keyboards, presentation remotes, headsets, and speakers. The firm offers solutions for healthy computing, wireless charging, streaming, virtual reality, schools, healthcare, and software and apps. Its brands include Logitech, Jaybird, Ultimate Ears, Logitech G, ASTRO Gaming, and Blue Microphones. The company was founded by Daniel Borel, Pierluigi Zappacosta, and Giacamo Marini on October 2, 1981 and is headquartered in Lausanne, Switzerland.
Market Cap
$14.5B
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LOGITECH INTERNATIONAL S.A. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(b) Departure of President and Chief Executive Officer


On June 13, 2023, Bracken Darrell resigned from his position as the President and Chief Executive Officer of Logitech International S.A. (the "Company" or "Logitech"), as a member of the board of directors of the Company (the "Board") and as a member of Logitech's Group Management Team effective immediately, to pursue another opportunity. Mr. Darrell's departure is not due to any disagreement on any matter relating to Logitech's operations, policies or practices.


(c) Appointment of Interim Chief Executive Officer


In connection with the above, on June 13, 2023, the Board appointed Guy Gecht, who has served as an independent member of Board, member of the Audit Committee of the Board, and member and Chairperson of its Technology and Innovation Committee, as Interim Chief Executive Officer of Logitech, effective immediately. Mr. Gecht will continue to serve as a member of the Board, but ceased to be a member of the Audit Committee and a member and Chairperson of the Technology and Innovation Committee of the Board upon his appointment as Interim Chief Executive Officer.


Mr. Gecht, age 58, co-founded and was the Co-Chief Executive Officer of E.Merge Technology Acquisition Corp. from its founding in June 2020 until its liquidation in September 2022. Prior to co-founding E.Merge in June 2020, Mr. Gecht was the Chief Executive Officer of Electronics for Imaging, Inc., a then publicly-traded company specializing in digital printing technology, a position he held from January 2000 to October 2018. He served at Electronics for Imaging as President from May 2012 to October 2018 and from July 1999 to January 2000, as Vice President and General Manager of Fiery products from January 1999 to July 1999, and as Director of Software Engineering from October 1995 to January 1999. Prior to joining Electronics for Imaging, Mr. Gecht was Director of Engineering at Interro Systems, Inc., a diagnostic technology company, from 1993 to 1995, Software Manager of ASP Computer Products, Inc., a networking company, from 1991 to 1993, and Chief Technology Officer for Apple Israel from 1990 to 1991. He serves on the Board of Check Point Software Technology Ltd., a multinational provider of software and combined hardware and software products for IT security. Mr. Gecht holds a BS in Computer Science and Mathematics from Ben Gurion University in Israel.


The Company has not yet determined Mr. Gecht's compensation in connection with his appointment as Interim Chief Executive Officer. 


Mr. Gecht has no other direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended, nor are any such transactions currently proposed. There are no arrangements or understandings between Mr. Gecht and any other persons pursuant to which Mr. Gecht was appointed as Interim Chief Executive Officer, and there are no family relationships between Mr. Gecht and any director or executive officer of the Company.