SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: April 23, 2012
(Date of earliest event reported)

LOGITECH INTERNATIONAL S.A.
(Exact name of registrant as specified in its charter)

Commission File Number: 0-29174

Canton of Vaud, Switzerland	 	None	
(State or other jurisdiction of
incorporation or organization)	 	(I.R.S. Employer
Identification No.)	
Logitech International S.A.
Apples, Switzerland
c/o Logitech Inc.
7600 Gateway Boulevard
Fremont, California 94560
(Address of principal executive offices and zip code)
(510) 795-8500
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	

 

Item 5.02	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers	
On April 23, 2012, as part of the simplification and streamlining of Logitech International S.A. (“Logitech”) announced by the company in separate but concurrent press releases and current reports, the board of directors of Logitech eliminated a layer of executive management that has resulted in the following: (i) Werner Heid, Logitech’s Senior Vice President, Worldwide Sales and Marketing, will depart Logitech on May15, 2012; and (ii) Junien Labrousse, Logitech’s Executive Vice President, Products and President of Logitech Europe, will become Logitech’s Senior Vice President of the business group responsible for personal computers, Mac computers and tablets and will resign as President of Logitech Europe.
In connection with those changes, Mr. Labrousse’s annual base salary will be reduced from CHF 710,000 (approximately $775,000) to CHF 625,000 (approximately $680,000) and his bonus target as a percentage of base salary will be reduced from 75% to 65%.
 
Item 9.01.	Financial Statements and Exhibits	

Exhibit
No.	  	Description	
		
99.1	  	Press Release issued by Logitech International S.A. dated April 25, 2012.	

SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned, thereunto duly authorized.

Logitech International S.A.	
	
/s/ Erik K. Bardman	
	
Erik K. Bardman	
Senior Vice President, Finance and Chief Financial Officer	
April 26, 2012

EXHIBIT INDEX

Exhibit
No.	  	Description	
		
99.1	  	Press Release issued by Logitech International S.A. dated April 25, 2012.	

Exhibit 99.1

For Immediate Release
Editorial Contacts:
Joe Greenhalgh, Vice President, Investor Relations – USA (510) 713-4430
Nancy Morrison, Vice President, Corporate Communications – USA (510) 713-4948
Logitech Announces Changes in Executive Management
Elimination of Executive Layer is Part of President Bracken Darrell’s Initiative to
Transform Logitech into a Simpler, More Consumer-Centric Company
NEWARK, Calif. – April 25, 2012 and MORGES, Switzerland, April 26, 2012 – Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that the company has eliminated two executive management positions as part of its transformation strategy, which includes a plan to restructure the company, announced separately today.
The position of executive vice president of the products group and president of Logitech Europe, held by Junien Labrousse and reporting to Logitech President Bracken Darrell, has been eliminated. The leaders of the individual business groups, which formerly reported to Mr. Labrousse, now report directly to Mr. Darrell. Mr. Labrousse has assumed the role of senior vice president of the business group responsible for PCs, Macs and tablets.
The position of senior vice president of worldwide sales and marketing, held by Werner Heid and reporting to Bracken Darrell, has been eliminated. The leaders of each of Logitech’s sales and marketing regions now report directly to Mr. Darrell. Due to the elimination of his position, Mr. Heid will be leaving Logitech effective May 15, 2012.
“These changes enable me to work more closely with our product and sales teams,” said Bracken Darrell. “Together, we can become more responsive to the changing needs of today’s consumers as we address new opportunities with greater speed and flexibility.
“I would like to thank Werner Heid for his contribution to Logitech over the last three years. His talent and expertise have helped the company navigate through challenging times. Werner strengthened Logitech’s market position in key developed markets and provided the foundation for our growth opportunities in emerging markets.”
Details regarding the changes in executive management, including related changes in compensation, are included in a Current Report on Form 8-K to be filed with the Securities & Exchange Commission.

About Logitech
Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech’s combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
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Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s Web site at www.logitech.com.
(LOGIIR)