Gerald P. Quindlen Steps Down as Logitech President and CEO
FREMONT, Calif. & MORGES, Switzerland--(BUSINESS WIRE)--
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that
Gerald P. Quindlen has stepped down as the company's president and chief
executive officer and resigned from the Board of Directors. Company
Chairman Guerrino De Luca has taken on the additional role of acting
president and chief executive officer, a role that Mr. De Luca held with
the company from 1998 to 2008, prior to becoming chairman of the board.
Logitech has initiated a search for a long-term president and chief
executive officer.
"On behalf of the entire board of directors and employees, I wish to
thank Jerry for his service and his many accomplishments during his
tenure at Logitech," said Guerrino De Luca. "I resume my former role as
CEO, on an acting basis, with unwavering commitment to Logitech and
strong confidence in the company's future and growth potential."
Teleconference and Webcast
Guerrino De Luca will participate in Logitech's quarterly financial
results teleconference on Thursday, July 28, 2011 at 8:30 a.m. Eastern
Daylight Time and 14:30 Central European Summer Time. A live
webcast of the call, along with presentation slides, will be available
on the Logitech corporate Web site at http://ir.logitech.com.
About Logitech
Logitech is a world leader in products that connect people to the
digital experiences they care about. Spanning multiple computing,
communication and entertainment platforms, Logitech's combined hardware
and software enable or enhance digital navigation, music and video
entertainment, gaming, social networking, audio and video communication
over the Internet, video security and home-entertainment control.
Founded in 1981, Logitech International is a Swiss public company listed
on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market
(LOGI).
Logitech, the Logitech logo, and other Logitech marks are registered in
Switzerland and other countries. All other trademarks are the property
of their respective owners. For more information about Logitech and its
products, visit the company's website at www.logitech.com.
(LOGI - IR)
Logitech International
Joe Greenhalgh, 510-713-4430
Vice
President, Investor Relations — USA
Nancy Morrison, 510-713-4948
Vice
President, Corporate Communications — USA
Laura Scorza, +41-(0)
21-863-5336
Sr. Public Relations Manager — Europe
Source: Logitech International
News Provided by Acquire Media