financetom
Business
financetom
/
Business
/
Logitech International's Board Nominates Wendy Becker for Reelection as Chair
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Logitech International's Board Nominates Wendy Becker for Reelection as Chair
Jul 9, 2024 4:36 AM

07:22 AM EDT, 07/09/2024 (MT Newswires) -- Logitech International's ( LOGI ) board nominated Wendy Becker for reelection as independent chairperson for another one-year term through 2025, according to a Monday filing from the company.

Bloomberg News reported Tuesday that this nomination is against Logitech ( LOGI ) founder Daniel Borel's proposal to replace Becker with Guy Gecht, who is also up for reelection as a company director.

In the filing, Logitech ( LOGI ) said its board "considered a shareholder proposal" to nominate Gecht as chairperson but Gecht declined the nomination, rendering the shareholder proposal moot.

The company's shareholders are set to vote on board elections at the annual general meeting in September, according to the filing.

Price: 94.44, Change: -0.50, Percent Change: -0.53

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cameco Little Changed in U.S. Pre-Market Following Swing to Q2 Adjusted Profit
Cameco Little Changed in U.S. Pre-Market Following Swing to Q2 Adjusted Profit
Jul 31, 2024
07:24 AM EDT, 07/31/2024 (MT Newswires) -- Cameco ( CCJ ) said Wednesday that it swung to adjusted net earnings in the second quarter from a loss a year ago. The uranium producer booked adjusted net earnings of $62 million, or $0.14 per share, reversing an adjusted loss of $3 million, or $0.01 per share. Revenue increased 24% to $598...
Groupon Struggles To Boost Global Sales Despite US Gains; Stock Tumbles
Groupon Struggles To Boost Global Sales Despite US Gains; Stock Tumbles
Jul 31, 2024
Groupon, Inc. ( GRPN ) shares are trading lower after it reported second-quarter FY24 results. Revenue fell 3% Y/Y to $124.6 million, beating the consensus of $121.74 million. North America revenue rose 3% Y/Y to $98.4 million led by favorable refund rates and higher demand in the Local category. International revenue declined 21% Y/Y to $26.3 million due to reduced...
HSBC Holdings Q2 Earnings Up, Revenue Decreases
HSBC Holdings Q2 Earnings Up, Revenue Decreases
Jul 31, 2024
07:27 AM EDT, 07/31/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) reported Q2 earnings Wednesday of $0.35 per diluted share, up from $0.34 a year earlier. Analysts polled by Capital IQ expected $0.32. Revenue for the quarter ended June 30 was $16.54 billion, down from $16.71 billion a year earlier. Analysts polled by Capital IQ expected $16.13 billion. The...
Cameco Swings to Adjusted Earnings in Q2, Revenue Rises
Cameco Swings to Adjusted Earnings in Q2, Revenue Rises
Jul 31, 2024
07:25 AM EDT, 07/31/2024 (MT Newswires) -- Cameco ( CCJ ) reported Q2 adjusted earnings Wednesday of 0.14 Canadian dollars ($0.10) per diluted share, swinging from a loss of CA$0.01 a year earlier. Analysts polled by Capital IQ expected earnings of CA$0.26. Revenue for the quarter ended June 30 was CA$598 million, up from CA$482 million a year earlier. Four...
Copyright 2023-2026 - www.financetom.com All Rights Reserved