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    1. Home
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    3. >Sportswear brand On names Frank Sluis as CFO
    Finance

    Sportswear Brand on Names Frank Sluis as CFO

    Published by Global Banking & Finance Review®

    Posted on January 28, 2026

    1 min read

    Last updated: January 28, 2026

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    Tags:Appointmentmanagementfinancial communitycorporate governancefinancial services

    Quick Summary

    On Sportswear names Frank Sluis as CFO, replacing Martin Hoffmann. Sluis, formerly with Ahold Delhaize, will start on May 1.

    Sportswear brand On names Frank Sluis as CFO

    Leadership Changes at On Sportswear

    Jan 28 (Reuters) - Sportswear brand On named Frank Sluis as its new chief financial officer on Wednesday, replacing Martin Hoffmann.

    Background of Frank Sluis

    Hoffmann stepped into the role of On's chief executive officer last year, while retaining his responsibilities as CFO. He will continue to oversee the finance till Sluis takes over on May 1, the Switzerland-based company said in a statement.

    Impact on Company Revenue

    "Frank brings a passion for our brand and a leadership style that will empower our talented team to reach new heights, and I look forward to partnering with him to further unlock our potential," Hoffman said in the statement.

    Transition from Martin Hoffmann

    Sluis previously worked at food retail group Ahold Delhaize as the CFO for Europe and Indonesia.

    In November, On raised its annual revenue forecast for the third time in 2025, after delivering a blowout third quarter, driven by strong demand for its running shoes and sneakers even after price increases.

    (Reporting by Angela Christy in Bengaluru; Editing by Shilpi Majumdar)

    Table of Contents

    • Leadership Changes at On Sportswear
    • Background of Frank Sluis
    • Impact on Company Revenue
    • Transition from Martin Hoffmann

    Key Takeaways

    • •On Sportswear appoints Frank Sluis as CFO.
    • •Martin Hoffmann transitions to CEO role.
    • •Sluis previously worked at Ahold Delhaize.
    • •On raised its revenue forecast for 2025.
    • •Strong demand for On's running shoes continues.

    Frequently Asked Questions about Sportswear brand On names Frank Sluis as CFO

    1What is a CFO?

    A Chief Financial Officer (CFO) is a senior executive responsible for managing the financial actions of a company, including financial planning, risk management, record-keeping, and financial reporting.

    2What is corporate governance?

    Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled, ensuring accountability and transparency in its operations.

    3What is revenue management?

    Revenue management involves using data analysis to predict consumer behavior and optimize product availability and pricing to maximize revenue.

    4What is financial reporting?

    Financial reporting is the process of producing statements that disclose an organization's financial status to management, investors, and regulators, including balance sheets and income statements.

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