Co-CEO Marc Maurer has expressed his wish to leave the company after 12 years of successful partnership in order to open a new chapter in his professional life, Shave on Mi. He will continue to be active in his function as a CO CEO by June 30, 2025 and will then be available to the partners and the Board of Directors as a consultant by March 2026. Martin Hoffmann, Co-CEO and CFO, will take on the role of CEO on July 1, 2025. A new CFO should be sought as his successor.
The founders of On-David Allemann and Caspar Coppetti as Executive Co-Chairms and Olivier Bernhard as Executive Board Member-will unchanged the product organization of ON and, together with CEO Martin Hoffmann, control the strategic development of the company.
The company on on 2010 has developed rapidly. In 2021 the IPO took place; Last year, the company reached a record net sales of over 2.3 billion Swiss francs (EUR 2.41 billion) and a record net profit of CHF 242 million (CHF 253.6 million). It is also on the road to achieve the goals set for 2026.
As the company emphasizes, Marc Maurer was decisively involved in the growth of the company and played a key role in the development of the sports shoe provider from the challenger to a listed, global premium sports brand.
On April 1, ON also announced further new occupations in various positions. Katarina Berg, formerly Chief Human Resources Officer, will start as Chief People Officer from August 1, 2025. Scott Maguire has been Chief Innovation Officer since March 31, 2025. He comes from Specialized, where he worked as a CEO, and was at Dyson in front of this position. Adib Sisani has been working as a Chief Communications Officer in the company since April 1. He was last Global Head of Communications at Axel Springer. And on March 10, Craig Jones took over the role of Chief Supply Chain Officer. He comes from Levi Strauss, where he held the position of the SVP of Distribution and Logistics Operations.