secwatch.observer — SEC 8-K summary
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Issuer:     LOGITECH INTERNATIONAL S.A. (LOGI)
CIK:        0001032975
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001032975-24-000062
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Logitech appoints Matteo Anversa as CFO effective Sept 1, 2024
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- Annual base salary $700,000; target bonus 95% of salary; total target cash $1.365M.
- Eligible for $3M PSU grant on Oct 15, 2024, vesting May 15, 2027; annual $3M PSUs thereafter.
- Share and Bonus Buy Out: $1.023M cash (Mar 2025), up to 200% true-up, and $946,850 RSUs vesting Mar 2026.
- Anversa previously CFO at Gentherm (2019-2024); earlier roles at Fiat Chrysler, Ferrari, and GE.
- Interim CFO Meeta Sunderwala will transition; Anversa reports to CEO Hanneke Faber.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032975/000103297524000062/0001032975-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032975/000103297524000062/logi-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001032975-24-000062

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