secwatch.observer — SEC 8-K summary
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Issuer:     LOGITECH INTERNATIONAL S.A. (LOGI)
CIK:        0001032975
Form:       8-K/A
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001032975-23-000037
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Logitech appoints Guy Gecht as Interim CEO with $1M base salary and 125% bonus target
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- Guy Gecht appointed Interim CEO effective June 13, 2023, in addition to his existing board role.
- Base salary of $1,000,000 per year, paid bi-weekly until Interim CEO service ends.
- Annual cash target bonus opportunity set at 125% of base salary, prorated for service term.
- Compensation committee approved arrangements on June 30, 2023, amending the prior 8-K filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032975/000103297523000037/0001032975-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032975/000103297523000037/logi-20230630.htm
  HTML page:      https://secwatch.observer/filing/0001032975-23-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer