The Swiss sporting goods provider on Holding AG is saying goodbye to the dual leadership. From July 1, the previous Co-CEO and Chief Financial Officer (CFO) Martin Hoffmann will run the company as the sole CEO, said on Tuesday.
Marc Maurer, who is currently still forming the leadership duo as a co-CEO together with Hoffmann, decided to “leave the company after twelve years of successful leadership” in order to “start a new chapter in his professional life,” explained the sporter.
The previous co-CEO Marc Maurer leaves the company at the end of June
Maurer will keep his previous post until his farewell on June 30th to ensure a smooth transition. This regulation also allows Hoffmann to continue his function as head of finance until a new: r CFO has been found.
After his resignation, Maurer will advise the board of directors until March next year, explained on and paid tribute to the outgoing manager: Maurer had played an important role in the development of the brand from a challenger to a “listed, global premium sportwear company”, according to a message.
Even after the now announced “strategic evolution of the management structure”, the two founders David Allemann and Caspar Coppetti as Executive Co-Chairms and Olivier Bernhard as Executive Board will manage the product organization and participate in the company’s “future vision”, explained the sporting artist. Together with CEO Hoffmann and the management team, they should continue to lead on.
On introduces four new managers
The company also presented a number of new additions. According to this, Craig Jones took over the post of Chief Supply Chain Officer on March 10, he came from the American clothing provider Levi Strauss, in which he most recently worked as an SVP of Distribution and Logistics Operations.
New Chief Innovation Officer has been Scott Maguire since March 31, who had previously headed the bicycle manufacturer Specialized as CEO. Since April 1, Adib Sisani, former Global Head of Communications by the German media group Axel Springer, is a chief communications officer. On August 1st, Katarina Berg will also take over the post of Chief People Officer. She was recently head of HR at the streaming service Spotify.
“These strategic additions to the highly competent management team underline the endeavors of on the end of the first -class group of managers to promote innovations, to promote a strong corporate culture and to increase the global brand presence,” said the sporting goods provider.