Logitech (LOGI) has provided an update.
Logitech International S.A. has promoted Meeta Sunderwala, their Chief Accounting Officer, to the position of Interim Chief Financial Officer. Bringing a wealth of experience from her previous roles at eBay Inc. and Hewlett-Packard, Sunderwala, 53, will receive additional compensation for her new duties, including an increased annual salary and a potential cash bonus aligned with the company’s performance bonus plan. Her appointment is a strategic move by Logitech’s Board of Directors, aiming to strengthen the company’s financial leadership.
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