On Holding AG Appoints New CFO Frank Sluis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- New CFO Appointment: Frank Sluis will join On Holding AG as Chief Financial Officer on May 1, 2026, bringing experience from managing over EUR 30 billion in annual sales at Ahold Delhaize, which will significantly support the company's global expansion efforts.
- Extensive Industry Experience: With over 25 years in consumer goods, including finance leadership roles at Reckitt Benckiser and Unilever, Frank's expertise will help On solidify its position as the leading global sportswear brand.
- Smooth Management Transition: Current CEO Martin Hoffmann will continue overseeing the finance department until Frank's start date, ensuring stability and continuity in the company's financial operations during the transition.
- Alignment with Brand Vision: Frank's passion for On's brand and sustainability will drive the company’s further development in global markets, supporting On's ambitious growth objectives.
Analyst Views on ONON
Wall Street analysts forecast ONON stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ONON is 60.79 USD with a low forecast of 30.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
18 Buy
2 Hold
1 Sell
Strong Buy
Current: 46.470
Low
30.00
Averages
60.79
High
85.00
Current: 46.470
Low
30.00
Averages
60.79
High
85.00
About ONON
On Holding AG is a Switzerland-based company active in athletic sports accesories industry. The Company provides footwear and sports apparel and is engaged in developing and distributing performance sports products, through independent retailers and global distributors. The Company sells its products trough the internet and its own stores.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
