Logitech

At its annual general meeting, Logitech appointed Guy Gecht as the new chairperson, succeeding Wendy Becker. Shareholders approved a dividend of CHF 1.26 per share, an increase from the previous year, demonstrating financial strength. All incumbent board members were re-elected. Gecht’s appointment is viewed as a strategic move, leveraging his technology leadership experience to drive innovation and growth. The dividend will be paid on September 24, 2025.

Logitech is actively diversifying its manufacturing footprint outside of China to mitigate U.S. tariffs, aiming to reduce its U.S. imports made in China to under 10% by year-end. The company is relocating production to countries like Malaysia, Mexico, Thailand, and Vietnam. The CEO stated this diversification has been successful without increasing material costs. Logitech previously implemented a price increase to offset tariffs but currently has no plans for further adjustments.