The previous logo was a stylized C made up of three rhombus-like thingies. It wasn't so bad. But apparently it was old and played out, so now their design team sat down amidst who-knows-what and came up with this one:
As loath as I am to make the particular correlation I am about to make since I know that not every hollow circular logo deserves it, I have to. I just have to.
Welcome to Goatse Bank.