Owen Mahoney
About Owen Mahoney
Owen Mahoney (58) is an independent non-executive director of Logitech International S.A. (LOGI) since 2024. He is the former President, CEO and Representative Director of Nexon Co., Ltd. (2014–2024) and earlier CFO of Nexon (2010–2014). He previously served as SVP Corporate Development at Electronic Arts (2000–2009). He holds a Master’s in Asian Studies from UC Berkeley and studied Japanese Law and Political Science at the University of Tokyo .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Nexon Co., Ltd. | President, CEO & Representative Director | Mar 2014 – Mar 2024 | Led global digital gaming operations; strategic alliances and M&A |
| Nexon Co., Ltd. | Chief Financial Officer | Jul 2010 – Mar 2014 | Finance leadership during growth phase |
| Electronic Arts Inc. | SVP Corporate Development | Nov 2000 – Mar 2009 | Led M&A and strategic investments |
External Roles
| Organization | Role | Start | Notes |
|---|---|---|---|
| Hasbro, Inc. | Board Member | Current | Public company board seat; consumer entertainment focus |
Board Governance
- Committee assignments: Audit Committee member; Technology & Innovation Committee member .
- Independence: Board determined Mahoney is independent under Nasdaq and Swiss best-practice definitions .
- Attendance and engagement (FY25): Board meetings attended 3; Audit Committee 5; Technology & Innovation Committee 2; all incumbent directors met ≥75% attendance and attended 2024 AGM; Mahoney “attended all … meetings held after the 2024 AGM” .
- Years of service: Director since 2024; current one-year term running to completion of 2026 AGM upon re-election .
Fixed Compensation
| Component (FY25) | Amount (USD) | Detail |
|---|---|---|
| Fees earned in cash | $58,258 | Annual board and committee retainers |
| Annual RSU grant (service-based) | $232,082 | Granted at AGM; vests on grant anniversary or at next AGM if not re-elected |
| Total | $290,340 | Cash + equity |
Additional retainer schedule (policy reference):
- Annual cash retainer $70,717; Audit Chair $47,145; Compensation Chair $47,145; committee member retainers; Non-Exec Chair $400,731; Annual RSU grant $235,724; denominated in CHF with USD equivalents (12-month avg FX) .
Performance Compensation
- Directors at LOGI do not receive performance-based equity; annual grants are service-based RSUs, with no options or PSU metrics for directors .
- Prohibitions: no option repricing; no dividends on unearned RSUs/PSUs; no tax gross-ups; no severance/change-in-control cash—equity has double-trigger vesting for executives, not applicable to directors .
Other Directorships & Interlocks
| Company | Interlock/Relationship | Governance Consideration |
|---|---|---|
| Hasbro, Inc. | Mahoney is a current director; Deborah Thomas (LOGI director) is Hasbro’s retired CFO (served until May 2023) and now a director at Samsonite | Not a direct interlock today but relevant industry familiarity; no related-party transactions disclosed at LOGI since Apr 1, 2024 . |
No compensation committee interlocks or insider participation at LOGI: “None” noted .
Expertise & Qualifications
- Senior leadership (CEO/CFO), global operations, strategy, M&A, alliances; digital gaming and technology domain expertise—aligned with Technology & Innovation Committee needs .
- Finance capability via prior CFO role; Audit Committee membership but not designated “financial expert” (experts are Deborah Thomas and Marjorie Lao) .
Equity Ownership
| Item (as of Jun 30, 2025) | Amount | Notes |
|---|---|---|
| Shares owned | 0 | Beneficial ownership table shows “—” for Mahoney . |
| Unvested RSUs (Director) | 2,736 | Granted 9/4/2024; market value ~$230,946 at FY-end pricing used in table . |
| Ownership % of shares outstanding | <1% | Star indicates less than 1% . |
| Pledging/Hedging | Prohibited | Insider Trading Policy bans hedging, pledging, shorts . |
| Director ownership guideline | 5× annual cash retainer; 5 years to comply | As of Jun 30, 2025 all non-employee directors had satisfied or had remaining time; Mahoney joined 2024—within compliance runway . |
Governance Assessment
- Alignment: Equity holding currently limited to unvested RSUs; zero common shares at June 30, 2025. Guideline requires 5× retainer; Mahoney has up to five years to comply—monitor for progress toward guideline to enhance “skin-in-the-game” optics .
- Independence and attendance: Independent with solid FY25 committee participation; attended all meetings after joining—supports board effectiveness .
- Conflicts/related-party exposure: None disclosed above $120,000 since April 1, 2024; board policies require Audit Committee approval for related-party transactions; hedging/pledging prohibited—reduces risk indicators .
- Compensation mix: Balanced cash plus RSUs consistent with peer norms; RSUs are service-based (not performance-linked) for directors—acceptable, but increased direct share ownership would strengthen alignment signal .
RED FLAGS
- Zero directly owned LOGI shares as of June 30, 2025; while within the five-year guideline grace period, continued non-ownership could be viewed as weaker alignment by some investors .
Positive Signals
- Deep gaming/technology and M&A background enhances committee effectiveness (Tech & Innovation; Audit). Strong meeting attendance post-appointment. Independent status affirmed .