LogMeIn, Inc. announced thatthe Company's co-founder and Chairman, Michael K. Simon, will resign from the board, effective upon the conclusion of the Company's Annual Meeting of Stockholders on May 30, 2019 and his position as Chairman effective March 1, 2019. The Board has named Robert Calderoni, who is currently serving as a member of the Board, to succeed Mr. Simon as the Company's Chairman.

The company announced that it will pay a $0.325 per share dividend on March 12, 2019 to stockholders of record as of February 25, 2019.