On Announces Appointment of New Chief Financial Officer

Core Viewpoint - On Holding AG has announced the appointment of Frank Sluis as Chief Financial Officer (CFO), effective May 1, 2026, to support the company's global ambitions and rapid expansion [1][5]. Group 1: Leadership Background - Frank Sluis previously served as CFO for Europe & Indonesia at Ahold Delhaize, managing financial operations for over EUR 30 billion in annual net sales and leading a team of approximately 800 professionals [2]. - With over 25 years of experience in finance leadership roles at major consumer companies like Reckitt Benckiser and Unilever, Sluis possesses a strong understanding of consumer behavior and brand management [3]. Group 2: Company Vision and Strategy - The leadership at On believes that Sluis's experience aligns with the company's long-term vision and financial leadership needs, especially as the brand continues to resonate globally and achieve record results [6]. - Sluis expressed enthusiasm for joining On, highlighting the company's unique brand, strong values, and ambitious growth trajectory in the sportswear market [6]. Group 3: Transition and Continuity - Sluis will succeed Martin Hoffmann, who has expanded his role as CEO while continuing to oversee the Finance organization until Sluis's start date to ensure a smooth transition [5].