On Holding co-founders to become co-CEOs as current CEO steps down
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On Co-Founders to Lead Next Chapter of Growth as Co-CEOs
March 25, 2026 5:00 AM EDTZURICH, Switzerland--(BUSINESS WIRE)-- On Holding AG (NYSE: ONON) (On), the premium global sportswear brand, today announced an update to its organizational structure as the company prepares to enter its next growth phase. Designed to even more closely connect founder-led strategic intent with execution, the updated model ensures On remains agile and decisive while continuing to scale. To drive the next phase of global expansion, co-founders David Allemann and Caspar Coppetti will serve as Co-CEOs. Scott Maguire is promoted to President & COO. Following a successful 13-year tenure at On, Martin Hoffmann... More
