Logitech CEO Bracken Darrell has left the company after 10 years in the role. Within a month, he will hand the business over to interim CEO Guy Hecht. Following the news, Logitech’s shares on the Nasdaq stock market collapsed 11%.
Computer accessory maker Logitech has announced the departure of its CEO. Bracken Darrell will leave the company after 10 years, Logitech said in a press release. Bracken Darrell has been at the helm of Logitech since January 1, 2013.
Logitech has already begun looking for candidates for the CEO position. Logitech board member Guy Hecht was named interim director. He’ll have to replace Darrell in a month.
Following the news, Logitech shares fell 11% on the Nasdaq.
Author:
Kirill Bilyk
Source: RB
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