Logitech has announced that CEO Bracken Darrell would step down after over a decade in the role. Darrell will remain with the company for the next month to ensure a smooth transition, and board member Guy Gecht will serve as interim CEO until a new chief is selected.
Darrell joined Logitech in April 2012 as president and was promoted to CEO in January 2013. During his tenure, he oversaw the company’s growth from a $2 billion market cap to over $20 billion. He also led the company’s expansion into new markets, such as gaming and video conferencing.
In a LinkedIn post, Darrell said that he was proud of what he had accomplished at Logitech. He cited the company’s growth, its focus on innovation, and its commitment to diversity and inclusion as some of his proudest achievements. He also emphasized the company’s achievements in receiving design awards, attaining carbon labelling milestones, and promoting diversity.
Darrell did not disclose his next career move but said that he was looking forward to spending more time with his family and pursuing other interests.
It remains to be seen who will succeed Darrell as CEO.
The sources for this piece include an article in TheRegister.
