On Holding AG

ONON: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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On Holding: Management Reshuffle Creates Uncertainty, but Transition Should Be Smooth; Shares Cheap

David Swartz

Mar 25, 2026

On announced that CEO and Chief Financial Officer Martin Hoffmann will step down on May 1 and that two of its co-founders, David Allemann and Caspar Coppetti, will become co-CEOs. Current operations executive Scott Maguire has been promoted to president and chief operating officer.

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On Holding AG

On Holding: Management Reshuffle Creates Uncertainty, but Transition Should Be Smooth; Shares Cheap

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