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On Holding AG ( (ONON) ) has issued an announcement.
On Holding AG announced on January 28, 2026, that it has appointed Frank Sluis as its new Chief Financial Officer, effective May 1, 2026, marking a significant change in its senior leadership team. Sluis, who previously served as CFO for Europe & Indonesia at global food retail group Ahold Delhaize and has more than 25 years of experience in major consumer businesses including Reckitt Benckiser and Unilever, is expected to bring large-scale international financial and consumer-brand expertise to support On’s rapid global expansion and premium positioning in sportswear. He will succeed Martin Hoffmann, who has been serving in the dual role of CEO and CFO since becoming sole CEO last year and will oversee the finance organization until Sluis starts, a transition the company frames as a move to strengthen strategic financial leadership as it continues to deliver record results and pursue ambitious growth plans.
The most recent analyst rating on (ONON) stock is a Buy with a $70.00 price target. To see the full list of analyst forecasts on On Holding AG stock, see the ONON Stock Forecast page.
Spark’s Take on ONON Stock
According to Spark, TipRanks’ AI Analyst, ONON is a Outperform.
On Holding AG’s strong financial performance and positive earnings call sentiment are the primary drivers of the stock score. Technical indicators support a bullish outlook, although high valuation metrics and cash flow challenges present some risks.
To see Spark’s full report on ONON stock, click here.
More about On Holding AG
On Holding AG, listed on the NYSE under the ticker ONON, is a Swiss-based global premium sportswear brand founded in 2010 and born in the Swiss Alps. The company designs and sells industry-disrupting, high-performance footwear, apparel and accessories for running, outdoor, training, all-day activities and tennis, underpinned by proprietary innovations such as CloudTec® and LightSpray™. On operates in more than 80 countries and targets performance-oriented and lifestyle consumers, leveraging a fast-growing international fan base and a strong digital presence.
Average Trading Volume: 6,749,951
Technical Sentiment Signal: Buy
Current Market Cap: $15.34B
See more insights into ONON stock on TipRanks’ Stock Analysis page.