Logitech CEO Bracken Darrell Resigns
Logitech made a major announcement this week, revealing that Bracken Darrell, the company's president and CEO, will be leaving to pursue a new opportunity. From a report: Darrell's resignation from his positions as president, CEO, and board member is effective immediately. However, he will stay with the company for the next month to ensure a smooth transition. As part of their succession planning process, Logitech has appointed board member Guy Gecht as the interim CEO while they conduct a global search for potential candidates from both within and outside the company. Regarding Guy Gecht, it's important to note that he has been a non-executive member of Logitech's board since September 2019. Prior to taking on the interim CEO role, Gecht served on Logitech's Audit Committee and chaired the Technology and Innovation Committee. The move comes at a time when Logitech is struggling with revenues as people return to schools and offices.
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