Logitech CEO Gerald Quindlen Steps Down

Logitech International SA (NASDAQ:LOGI) CEO Gerald Quindlen is stepping down after the company revealed a net loss of $29.6 million for the first quarter. The company cut the price of the Revue with Google TV device to $99. Quindlen was a big supporter of the Google TV box. Chairman and former CEO Guerrino De Luca will fill in for Quindlen while a replacement is being sought. [Engadget]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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