NEWARK, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)--
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that its board of directors will ask shareholders at its next annual general meeting (AGM) to approve the election to the board of directors of three new nominees. They are:
- Sue Gove, president of Excelsior Advisors and former president and CEO of Golfsmith International
- Lung Yeh, managing director of Enspire Capital
- Edouard Bugnion, professor at the École Polytechnique Fédérale de Lausanne (EPFL) and a founder of both VMware and Nuova Systems
Monika Ribar and Matthew Bousquette, non-executive members of Logitech's
board of directors since 2004 and 2005 respectively, have decided not to
stand for re-election to the board of directors at the 2015 annual
general meeting when their current term ends. Monika Ribar serves on
Logitech's Audit and Compensation Committees. Matthew Bousquette is Lead
Independent Director and serves on Logitech's Compensation, Audit and
Nominating Committees.
As Logitech communicated in December 2014, Daniel Borel,
Logitech co-founder, also will not stand for re-election at the 2015 AGM.
Guerrino De Luca, chairman of Logitech, commented: "We are proud to
present Sue, Lung and Edouard to our shareholders in September. Sue
brings extensive experience as an international retail senior executive.
Lung brings a valuable, senior background as both an entrepreneur and
venture capitalist, as well as experience in Asian markets. And Edouard
offers a unique blend of great technology experience and strong academic
credentials in an environment of innovation. All will be strong
additions to the board.
"On behalf of Logitech, I'd like to thank Monika and Matt for their many
years of invaluable service to the board and company. They will remain
friends of Logitech, and mentors. Daniel's retirement from the board
will mark an historic milestone for our company. As a Logitech founder,
there will always be a special place for him at the company. We are here
today thanks to his unmatched passion, commitment and contribution to
our business and its people. As a personal friend, I will continue to
seek his counsel and advice for the years to come."
Logitech intends to file its preliminary proxy statement, which includes
additional information regarding these nominees, with the U.S.
Securities and Exchange Commission and post it on the Company's website
at http://ir.logitech.com
on or shortly prior to July 14, 2015. The Company will hold its AGM on
September 9, 2015.
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 Web site at www.logitech.com.
(LOGIIR)
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Logitech International
Joe Greenhalgh
Vice President, Investor
Relations - USA
510-713-4430
or
Krista Todd
Vice
President, Communications - USA
510-713-5834
or
Ben
Starkie
Corporate Communications - Europe
+41-(0) 79-292-3499
Source: Logitech International
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