Saturday, September 30, 2023
Saturday, September 30, 2023
Saturday, September 30, 2023

Logitech Announces CEO’s Resignation and Transition Plan




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Logitech SA made an announcement today regarding the resignation of its Chief Executive Officer and President, Bracken Darrell, Your Content has learned.

Effective immediately, Darrell will step down from his position and leave the company to pursue new opportunities.

Having assumed the role of Logitech’s CEO in 2013, Darrell will assist in the transition process over the next month while the company conducts a search for a suitable replacement, as stated in their official statement.

In the interim, board member Guy Getch will take on the role of interim CEO, ensuring continuity during this period of change.

This leadership transition follows a challenging period for Logitech, marked by a 22% decrease in fourth-quarter sales reported in May.

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The company has faced obstacles in maintaining the remarkable growth achieved during the pandemic-induced surge in demand for computer peripherals.

Expressing his perspective on the matter, Darrell commented, “I believe this is an opportune moment to pass the baton.” Despite his departure, he affirmed his commitment as a loyal customer, shareholder, and supporter of Logitech, a Swiss-American tech company, according U.S. News.

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