Bracken Darrell

Logitech CEO and President Bracken Darrell is remarkably upbeat and open for a guy who only a few weeks ago delivered some pretty bad news to investors. The 30-plus-year-old peripheral company's profits took a 14% haircut, year-over-year, and Darrell announced Logitech would look to divest its once industry-leading Harmony remote control business.

Since the announcement, Darrell has been on a goodwill tour of sorts - visiting media outlets to tell the Logitech story and assure us all that it has a bright future ahead of it.

When the former Whirlpool executive

Logitech has posted its financial results for Q3 of its 2013 fiscal year, and they're not too encouraging: the company made an operating loss of $180 million off sales of $615 million. Retail sales were down 14 percent year on year, and CEO Bracken Darrell has announced plans to take "decisive action" on the "unacceptable" results. And he's not kidding - the company has "initiated the process" to divest itself of its Harmony remote control division, along with its security video camera business.

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