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Stock impact report

On Co-Founders to Lead Next Chapter of Growth as Co-CEOs

On Holding AG (ONON) 
Company Research Source: Business Wire
ZURICH, Switzerland--(BUSINESS WIRE)--On Holding AG (NYSE: ONON) (“On”), the premium global sportswear brand, today announced an update to its organizational structure as the company prepares to enter its next growth phase. Designed to even more closely connect founder-led strategic intent with execution, the updated model ensures On remains agile and decisive while continuing to scale. To drive the next phase of global expansion, co-founders David Allemann and Caspar Coppetti will serve as Co-CEOs. Scott Maguire is promoted to President & COO. Following a successful 13-year tenure at On, Martin Hoffmann has chosen to step down as CEO.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260325350233/en/On was founded on the principle of relentless innovation. Following a record-breaking 2025 – where annual net sales surpassed CHF 3 billion and gross profit margins reached new heights – the company is leaning forward from its Show less Read more
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