Logitech International CEO Resigns

Logitech International CEO Resigns

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Logitech-hq

Newark, CA—Logitech International announced that Bracken Darrell, president and chief executive officer (CEO), is departing the company to pursue another opportunity.

In line with the board’s established succession planning process, board member Guy Gecht will step into the role of interim CEO. Moreover, the company is conducting a global search of internal and external candidates.

“After nearly a decade of consistent growth and building market leadership across multiple categories, I feel this is a good point to hand over leadership,” said Bracken Darrell. “I want to thank all the amazing people across Logitech for their work through the years. I will work with Guy and the board to ensure a smooth transition. And I will continue to be a customer, shareholder and enduring fan of Logitech and its products.”

Logitech International CEO Resigns
Guy-Gecht-logitech international ceo
Guy Gecht

Darrell’s resignation as president and CEO, as well as a member of Logitech’s board of directors, is now effective. However, he will remain with the company for the coming month to ensure a seamless transition.

“We thank Bracken for his leadership during an exciting era of transformation at Logitech. Over his 10 years as CEO, Bracken oversaw a period of consistent growth and helped to transform Logitech into an award-winning design company known for its unparalleled product innovation. We wish him well in the future and look forward to identifying his successor,” said Wendy Becker, Logitech’s chairperson of the board.

“As an experienced CEO, and member of Logitech’s board since 2019, Guy has a deep understanding of Logitech and its strategy. He is well placed as interim CEO to oversee the continued execution of the company’s strategy,” Becker added.

“Logitech is in an exciting position, with many opportunities ahead,” commented Guy Gecht. “The company is a leader in growth markets. Its product innovation engine is an industry hallmark, all underpinned by a strong financial foundation and a world-class leadership team. I look forward to working with this team to continue executing on the company’s strategy.”

Guy Gecht has been a nonexecutive member of Logitech’s board of directors since September 2019. Until taking on the role of interim CEO, he served on Logitech’s Audit Committee and as the chair of its Technology and Innovation Committee. Logitech-International-logo-6-23

In addition he is the former founder and cochief executive officer of E.Merge Technology Acquisition Corp. Prior to cofounding E.Merge in June 2020, Gecht was the chief executive officer of Electronics for Imaging, Inc. (EFI). That publicly traded company specializes in digital printing technology. He was CEO of EFI from 2000 to 2018.

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