Update 21 October 2014: You can also use any other supported syntax such as this JSON-LD code:

<script type="application/ld+json">
      {
      "@context": "http://schema.org/",
      "@type": "Organization",
      "url": "http://www.example.com/",
      "logo": "http://www.example.com/logo.png"
      }
    </script>

This example indicates to Google that this image is designated as the organization’s logo image for the homepage also included in the markup, and, where possible, may be used in Google search results. Markup like this is a strong signal to our algorithms to show this image in preference over others, for example when we show Knowledge Graph on the right hand side based on users’ queries.

As always, please ask us in the Webmaster Help Forum if you have any questions.

RJ Ryan, Google Engineer