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Market Chatter: Logitech Founder Proposes to Replace Chair Wendy Becker
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Market Chatter: Logitech Founder Proposes to Replace Chair Wendy Becker
Jul 1, 2024 12:09 PM

02:39 PM EDT, 07/01/2024 (MT Newswires) -- Logitech International ( LOGI ) founder Daniel Borel wants to replace chair Wendy Becker and has proposed Guy Gecht as replacement, Bloomberg reported Monday, citing a letter sent by Borel to Logitech ( LOGI ).

Both Becker and CEO Hanneke Faber lack expertise in the technology industry, Borel was quoted as saying.

Borel is seeking a shareholder vote at Logitech's ( LOGI ) annual meeting in September.

Logitech ( LOGI ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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