Logitech 2010 Annual Report Download - page 167

ANNUAl REPORT
155
2.6 Limitations on Transferability and Nominee Registration
The Company and its agent, The Bank of New York Mellon, as US transfer agent, maintain a share register
that lists the names of the registered owners of the Company’s shares. Registration in the share register occurs upon
request and is not subject to any conditions. Nominee companies and trustees can be entered into the share register
with voting rights. There are no restrictions on transfers of shares under the Company’s Articles of Incorporation
or Swiss law. However, only holders of shares that are recorded in the share register are recognized as shareholders,
and a transfer of shares reflected in the share register is recognized by the Company only to the extent we are
notified of the transfer.
Refer to section 6.1 for the conditions for exercise of shareholders’ voting rights.
2.7 Conversion and Option Rights
Logitech does not have any outstanding bonds or other publicly traded securities with conversion rights and
has not issued warrants on its shares.
Logitech has issued stock options and restricted stock units, including performance-based restricted stock
units, to its employees and directors. Please refer to Logitech’s Compensation Report included with its Invitation
and Proxy Statement, available at http://ir.logitech.com, under the heading “Equity Compensation Plan Information”
for details on option rights and restricted stock units issued under our employee equity incentive plans, as well as
other information regarding those plans, and to Note 13 – Employee Benefit Plans – included in our Consolidated
Financial Statements.
3. The Board of Directors
For the current members of our Board of Directors, further information regarding the Board of Directors,
Board Committees, and the allocation of responsibility between the Board of Directors and executive officers, please
see our Invitation and Proxy Statement for the 2010 Annual General Meeting, available at http://ir.logitech.com,
under the heading “Corporate Governance and Board of Directors Matters.”
4. Senior Management
4.1 Members of Senior Management
The current members of our senior management, referred to by Logitech as our “executive officers,” are set
out below.
Guerrino De Luca .................
57 Years Old
Director since 1998
Chairman of the Board of Directors
Italian national
Guerrino De Luca has served as Chairman of the Logitech Board of
Directors since January 2008. He served from February 1998 to January
2008 as Logitech’s President and Chief Executive Officer, and has been
a director since June 1998. Prior to joining Logitech, Mr. De Luca
served as Executive Vice President of Worldwide Marketing for Apple,
Inc. from February 1997 to September 1997, and as President of
Claris Corporation, a U.S. personal computing software vendor, from
May 1994 to February 1997. Prior to joining Claris, Mr. De Luca held
various positions with Apple in the United States and in Europe. Mr. De
Luca holds a BS degree in Electronic Engineering from the University
of Rome, Italy.