









On Holding names co-founders as CEOs

ReutersMar 25, 2026 9:00 AM

March 25 (Reuters) - Footwear maker On Holding ONON.N on Wednesday said its co-founders David Allemann and Caspar Coppetti will take over as co-CEOs from May 1, replacing Martin Hoffmann.

Hoffmann will leave the company after a five-year term as CEO. He will remain an adviser through March 2027, the company said in a statement.

The company said it will "implement a leadership structure that sustains close connectedness across the organization, unifying strategic intent, innovation, product, brand, and commercial execution."

Earlier this month, On Holding forecast muted annual sales growth, causing its shares to tumble.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Tradingkey

Recommended Articles

SpaceX IPO Seeks to Raise Over 50 Billion: Will This Largest-Ever Capital Flow Be Injected Into Bitcoin?

SpaceX may increase its Bitcoin holdings following an IPO to support the development of the Grok model and spatial AI data centers.

Should You Buy Upcoming SpaceX Now or Tesla After a 20% Pullback?

TradingKey - Media reports indicate that SpaceX, founded by Tesla (TSLA.US) CEO Elon Musk, plans to file its IPO prospectus with regulators later this week or next week. The company aims to raise more than $75 billion in the IPO, exceeding the previously reported $50 billion. Its latest valuation is

USDC Architect Circle Plummets 20% as U.S. Lawmakers Target Stablecoin Interest

Regulatory headwinds triggered a plunge of more than 20% in Circle’s share price, yet ARK Invest bucked the trend by purchasing over $20 million.

Pop Mart Revenue Tops 30 Billion Net Profit Surges 284%, Why Did Stock Price Plummet 15%?

TradingKey - On March 25, following the release of Pop Mart's (09992.HK) 2025 annual results, its Hong Kong-listed shares plummeted by as much as 15% intraday. Although the full-year performance was robust and generally aligned with market expectations, investor dissatisfaction was directly reflected in the stock price.

SpaceX IPO Approaches: Behind the $75 Billion Fundraising Rumors, What Is the Capital Market Betting On?

TradingKey - U.S. tech media outlet The Information reports that SpaceX plans to file an IPO prospectus with regulators as early as this week or next. Advisors expect the offering could raise more than $75 billion.

Tradingkey

KeyAI

