On Holding AG ( (ONON) ) has issued an update.
On Holding AG announced a strategic leadership transition on April 1, 2025, with Martin Hoffmann, currently Co-CEO and CFO, set to become the sole CEO from July 1, 2025. This change follows the decision of Co-CEO Marc Maurer to depart after 12 years, during which he significantly contributed to the company’s growth from a challenger brand to a major global player. The company also announced the appointment of four new senior leaders to strengthen its team, underscoring its commitment to innovation and global brand presence. This leadership evolution is part of On’s strategy to ensure sustained growth and profitability, aligning with its long-term goals.
More about On Holding AG
On Holding AG, founded in the Swiss Alps in 2010, is a global premium sportswear brand known for its innovative and high-performance footwear, apparel, and accessories. The company has made significant strides in the sportswear industry with its award-winning technologies like CloudTec® and LightSprayTM, and it operates in more than 80 countries worldwide.
YTD Price Performance: -20.68%
Average Trading Volume: 4,330,901
Technical Sentiment Signal: Hold
Current Market Cap: $14.3B
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