Logitech CEO stepping down

Bracken Darrell, who’s been Logitech’s CEO for a decade, is stepping down with immediate effect.

He’s leaving the company to “pursue another opportunity.” Darrell was appointed Logitech’s CEO in 2013. He’ll remain with the computer accessories manufacturer over the coming month to ensure a seamless transition.

Guy Gecht, a non-executive member of Logitech’s board of directors since September 2019, will step into the role of interim CEO.

“We thank Bracken for his leadership during an exciting era of transformation at Logitech. Over his ten 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,” said Wendy Becker, Logitech’s chairperson of the board.

Logitech’s shares fell on Wednesday following the news.

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