The Swiss sporting goods provider On Holding AG announced on Wednesday the appointment of Frank Sluis as its new Chief Financial Officer (CFO). The native Dutchman will succeed Martin Hoffmann on May 1st. In addition to his role as CEO, Hoffmann had previously also headed the finance department.
Previously, Sluis was CFO at Ahold Delhaize for Europe and Indonesia. He has also held management positions at Unilever and Reckitt. He has more than 25 years of experience in retail and has also worked abroad, including in the USA.
Caspar Coppetti, co-founder and executive co-chairman of On, praised the designated newcomer: His personal drive fits the pace of On. Coppetti also emphasized that Sluis has the ability to “balance long-term vision and financial leadership.”
CEO Martin Hoffmann explained that Sluis’ appointment comes at an important time. Sluis can help ensure the precision that will lead to further record results. On has recently been able to grow strongly and exceed expectations with new record results.
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