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.
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