On’s Second CEO Change in a Year Could Indicate Bigger Issues at the Company
Corroborated by 1 source from 1 publisher
globalbusiness1d ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, on’s longtime chief executive officer Martin Hoffmann, who piloted the Swiss activewear brand through a rapid growth phase and transformation, is stepping down on May 1 “to take a planned hiatus and pursue philanthropic interests.” On Wednesday, the Swiss company said two of its founders, David Allemann and Caspar Coppetti, will succeed him and serve as co-CEOs while continuing as executive co-chairmen of the board.