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Stock impact report

On Announces Leadership Evolution

On Holding AG (ONON) 
Company Research Source: Business Wire
ZURICH, Switzerland--(BUSINESS WIRE)--On (NYSE: ONON), the global premium sportswear brand recognized for its innovation, design, and impact, today announced a strategic evolution of its leadership structure. On will transition to a single-CEO structure–with current Co-CEO and CFO Martin Hoffmann assuming the role of CEO–, appoint key senior leaders to further strengthen the existing team, and ensure continued leadership from the company's founders. After 12 years of successful leadership, current Co-CEO Marc Maurer has decided to depart On to embark on a new chapter in his professional life.Under the leadership of the On founders and Co-CEO’s, collectively the Partners, On has transitioned from a challenger in the running industry to a major global sportswear brand, including milestones such as the public listing at the New York Stock Exchange in 2021 as well as reaching record net sales of over CHF 2.3bn and a record net income of CHF 242m in its latest fiscal year 2024. Since t Show less Read more
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