Last Updated: June 14, 2023, 04:28 IST
United States of America (USA)
Chief Executive Officer Bracken Darrell of the pc peripherals maker Logitech addresses a information convention in Zurich, Switzerland March 6, 2019. (Reuters File Photo)
Darrell, who assumed the function of Logitech’s CEO in 2013, will stay with the corporate over the approaching month to facilitate the transition
Logitech SA stated on Tuesday that Chief Executive Officer and President Bracken Darrell is resigning from his function efficient instantly and will probably be leaving the corporate to pursue one other alternative.
Darrell, who assumed the function of Logitech’s CEO in 2013, will stay with the corporate over the approaching month to facilitate the transition whereas a seek for a alternative is carried out, the assertion stated.
Meanwhile, board member Guy Getch will step in as interim CEO, the corporate stated.
The management change comes after Logitech posted a 22% drop in fourth-quarter gross sales in May, as a rising financial downturn continued to hinder the pc peripherals maker from sustaining pandemic-era progress.
“I really feel it is a good level handy over management,” Darrell said, adding that he will remain a “customer, shareholder and fan” of the Swiss-American tech firm.
(This story has not been edited by News18 workers and is printed from a syndicated information company feed – Reuters)
