On appoints Frank Sluis as chief financial officer

Swiss sports brand On has appointed Frank Sluis as its new chief financial officer.

Due to join the business on 1 May, he has been working for the last four years as chief financial officer of Europe & Indonesia at food retail group Ahold Delhaize.

Prior to that, he held finance leadership positions at Hoogwegt Group, Reckitt Benckiser and Unilever.

At On, he will succeed Martin Hoffmann, who assumed an expanded role as sole chief executive officer last year while retaining his responsibilities as chief financial officer. Hoffmann will continue to oversee the finance function until Sluis’ start date to ensure a smooth transition.

Hoffman said: “Frank joins On at an exciting moment – our brand is resonating globally, our vision is clear, and we are executing with a level of precision that continues to drive record results. He complements our management team with experience at a scale significantly larger than where we are today, yet fully aligns with our values.”

Caspar Coppetti, co-founder and executive co-chairman of On, added: “We set out to identify the next right financial leader for On. Frank stood out for his personal drive that will match our pace from day one, his credibility as a strategic partner to the Board and the CEO, and his proven ability to align long-term vision and financial leadership.”

Established in 2010, On now has a presence in 80 countries across the world.