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Logitech Taps Dell Finance Executive Mark Hawkins; Former Dell and HP Executive to Become Logitech CFO, SVP of Finance and Information Systems

Mar 21, 2006

FREMONT, Calif. & ROMANEL-SUR-MORGES, Switzerland, Mar 21, 2006 (BUSINESS WIRE) -- Logitech International (SWX:LOGN) (Nasdaq:LOGI) today announced that Mark J. Hawkins will join the company as senior vice president of finance and information systems, and chief financial officer. Mr. Hawkins, age 46, was most recently with the Dell Corporation for six years, following eighteen years with the Hewlett-Packard Company. He will succeed Kristen Onken, senior vice president of finance and chief financial officer. Mr. Hawkins will join Logitech on April 3, 2006, and Ms. Onken will begin her previously announced retirement at the end of April, 2006.

"When Kris Onken announced her intention to retire, we made a commitment to our shareholders, customers and employees that her replacement would be a leader who met the highest standards of financial and business leadership," said Guerrino De Luca, Logitech president and chief executive officer. "We are delighted to have Mark Hawkins join Logitech. His outstanding financial and business experience, acquired in two companies that are leaders in innovation and operational excellence, makes him a great fit for Logitech."

"I am thrilled to join Logitech," said Mark Hawkins. "The combination of its solid track record, its strong management team and its growth prospects, makes it an exciting company in our industry, and I look forward to the opportunity to work with the team."

Mark Hawkins' most recent position at Dell was vice president of finance for worldwide procurement and logistics and the Dell Operating Council. Previously, he held the business unit chief financial officer role with Dell's U.S. consumer group. Prior to joining Dell, Mr. Hawkins was with Hewlett-Packard from 1981 to 1999 in finance and business-management roles. Among other assignments, he was involved in supporting the spin-off of Agilent Technologies. He received a B.A. degree in operations management from Michigan State University, an M.B.A. degree in finance from the University of Colorado, and completed the Advanced Management Program at Harvard Business School. Mr. Hawkins is married, with two sons. His family will relocate to the San Francisco Bay Area from Austin, Texas.

About Logitech

Founded in 1981, Logitech designs, manufactures and markets personal peripherals that enable people to effectively work, play, and communicate in the digital world. Logitech International is a Swiss public company traded on the SWX Swiss Exchange (LOGN) and in the U.S. on the Nasdaq National Market System (LOGI). The company has manufacturing facilities in Asia and offices in major cities in North America, Europe and Asia Pacific.

Logitech, the Logitech logo and other Logitech marks are owned by Logitech and may be registered. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the Company's Web site at www.logitech.com.

(LOGI - IR)

SOURCE: Logitech International

Logitech International 
Joe Greenhalgh, 510-713-4430
(Vice President, Investor Relations -- USA)
Nancy Morrison, 510-713-4948
(Director, Corporate Communications -- USA)
Ben Starkie, +41-(0) 21-863-5195
(Public Relations Manager -- Europe)

Copyright Business Wire 2006

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