Logitech Elects Guy Gecht as Chairperson, Approves Increased Dividend

09/09/2025 – 11:40 AM

LAUSANNE, Switzerland & SAN JOSE, Calif. – Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced today that Guy Gecht has been elected as the new chairperson by shareholders at the company’s annual general meeting (AGM). This appointment succession follows Wendy Becker’s previously announced decision not to seek re-election.

Among key resolutions passed during the AGM, shareholders approved a dividend of CHF 1.26 per share, marking an approximate CHF 0.10 increase compared to the dividend issued in the previous fiscal year. This move reflects the company’s continued financial strength and commitment to delivering shareholder value, especially in a competitive market landscape.

All incumbent board of director nominees were re-elected for another one-year term, ensuring continuity in leadership. Shareholders also approved all other submitted proposals.

“I am honored to be elected chair and deeply appreciate the confidence of our shareholders and my fellow directors,” stated Guy Gecht following the announcement. “We are profoundly grateful to Wendy for her steadfast leadership during a period of meaningful change, leaving Logitech an even stronger, better-positioned company across many key metrics. I look forward to working with the board and Hanneke to continue executing our strategy, drive innovation, and create long-term value for our shareholders.”

Logitech’s CEO, Hanneke Faber, also expressed her gratitude, stating, “On behalf of the entire management team, I want to extend our deepest gratitude to Wendy for her leadership and significant contributions to Logitech. We are thrilled to welcome Guy Gecht into his new role as chairperson. I look forward to partnering closely with him to build on our strong momentum and deliver sustainable growth for the business.”

The anticipated payment date for the approved dividend is September 24, 2025, with the record date set for September 23, 2025. Trading of the shares ex-dividend on both the SIX Swiss Exchange and the Nasdaq Global Select Market is expected to commence on September 22, 2025.

**Gecht’s Appointment: A Strategic Move?**

The appointment of Guy Gecht signals a continued focus on innovation and strategic growth for Logitech. Gecht’s extensive experience in leading technology companies, particularly his tenure as CEO of Electronics for Imaging (EFI), a global leader in digital printing technology, brings a valuable perspective as Logitech navigates the evolving landscape of software-enabled hardware solutions. His interim role as CEO prior to Faber’s appointment provides him with intimate knowledge of Logitech’s operations and reinforces the company’s commitment to a seamless transition in leadership. This move could prove vital as Logitech seeks to expand its market share in core sectors like video conferencing, gaming peripherals, and productivity tools while also exploring emerging opportunities in areas such as AI-powered device integration and enhanced user experiences. The dividend increase also reflects a strong balance sheet and confidence in future growth potential.

**About Guy Gecht**

Guy Gecht brings decades of executive and board-level experience to the role, with a strong track record of leading and advising tech companies through innovation and growth. He has been a non-executive member of Logitech’s board since September 2019 and served as interim CEO from June to December 2023, prior to Hanneke Faber’s appointment as CEO. Gecht is also the co-founder and former co-CEO of E.Merge Technology Acquisition Corp., and was CEO of publicly traded Electronics for Imaging (EFI) from 2000 to 2018, where he guided the company’s evolution into a global leader in digital printing technology.

**About Logitech**

Logitech designs software-enabled hardware solutions. 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).