Independent
Tenure on this board
2.0 yrs
Also a director at
Stanley Black & Decker Inc (SWK)
11 nominees · 14 ballot items.
Election/re-election of directors and chair; advisory and binding votes on executive and statutory compensation and non-financial reports; approval of financial statements and dividend; amendments to Articles of Incorporation; release from liability; approval of maximum aggregate compensation for board and management; re-election/ratification of auditors and independent representative; and committee elections.
Shareholders to approve Logitech’s Annual Report and consolidated and statutory financial statements for fiscal year 2026.
Advisory 'say-on-pay' vote to approve compensation of named executive officers as disclosed in the Compensation Report for Fiscal Year 2026.
The Board asks shareholders to cast a non-binding advisory vote approving the compensation paid to Logitech’s named executive officers, as detailed in the Compensation Report for Fiscal Year 2026. Management seeks endorsement to validate its executive pay philosophy and program design (mix of base, annual bonus, and performance-based PSUs) and to provide the Compensation Committee with shareholder feedback used to inform future decisions. The advisory vote is distinct from binding Swiss votes on maximum aggregate compensation for the Board and Group Management Team (Proposals 11 and 12), but it complements those votes by signaling shareholder sentiment about overall pay outcomes and practices. Logitech emphasizes its pay-for-performance design, with a high portion of variable compensation tied to revenue, non-GAAP operating income and ESG goals, and cites historical shareholder support for its programs. The Compensation Committee’s recommendation to vote FOR reflects its view that the program aligns pay with company performance, shareholder interests, and market practices; it also notes changes made to PSU design to improve year-to-year accountability and a continuation of ESG measures within annual incentives. The non-binding nature means management will consider, but is not required to act on, the vote outcome; material negative results would trigger further shareholder outreach and potential program adjustments.
Advisory vote to approve the Swiss Statutory Compensation Report for fiscal year 2026.
Advisory vote to approve the Swiss Statutory Non-Financial Matters (sustainability) Report for fiscal year 2026.
Approve appropriation of available earnings and payment of a gross dividend of CHF 1.36 per share for fiscal year 2026.
Two separate amendments to the Articles: change registered office to Ecublens and reduce allowed number of mandates for Group Management Team members in listed companies from two to one.
Shareholders to release Board members and Executive Officers from liability for disclosed activities during fiscal year 2026.
Individual votes to re-elect each incumbent director (11 nominees) for one-year terms.
Elect Mr. Guy Gecht as Chairperson of the Board for a one-year term.
Individual votes to re-elect four incumbent members to the Compensation Committee.
Binding vote to approve maximum aggregate compensation CHF 3,900,000 for Board for the 2026–2027 Board Year.
Binding vote to approve maximum aggregate compensation of USD 28,302,000 for Group Management Team for fiscal year 2028.
Re-elect KPMG AG as auditors and ratify appointment of KPMG LLP as independent registered public accounting firm for fiscal year 2027.
Re-elect Etude Regina Wenger & Sarah Keiser-Wüger as Independent Representative for one-year term.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | ACADIAN ASSET MANAGEMENT LLC | 4.23% | 6,060,812 | $569M |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 3.26% | 4,672,482 | $438M |
| 3 | MORGAN STANLEY | 3.25% | 4,650,000 | $437M |
| 4 | UBS Group AG | 2.80% | 4,006,519 | $377M |
| 5 | Pictet Asset Management Holding SA | 2.03% | 2,908,902 | $273M |
| 6 | Zurcher Kantonalbank (Zurich Cantonalbank | 1.80% | 2,575,571 | $242M |
| 7 | Vontobel Holding Ltd. | 1.76% | 2,524,735 | $237M |
| 8 | Assenagon Asset Management S.A. | 1.46% | 2,091,484 | $196M |
| 9 | AQR CAPITAL MANAGEMENT LLC | 1.38% | 1,978,904 | $185M |
| 10 | RENAISSANCE TECHNOLOGIES LLC | 1.27% | 1,818,708 | $171M |
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