Bracken Darrell, the chief executive officer (CEO) of Swiss-based Logitech, this week announced that he was leaving the company after 10 years in the job.
In a statement that appeared on LinkedIn, he wrote that during his time as CEO, the company grew its market value 10-fold, built a video conferencing business from scratch, expanded its gaming business from US$40 million to well over US$1 billion, and gained market share in almost all of its categories.
“In the spirit of friendship, I wish my good friend, fellow basketball-playing zealot, and successor (interim) Guy Gecht great luck and joy in the period ahead as he takes over Logitech. His humility and capability are a perfect fit for the amazing company and team he will lead,” he wrote. “I’ll soon be off on new adventures … but tonight I’m going to play basketball.”