On Holding AG held its Annual General Shareholders' Meeting, where Helena Helmersson was elected as a new member of the Board of Directors for a one-year term. Ms. Helmersson brings extensive experience from the fashion industry, having served as CEO of H&M Group from 2020 to 2024.
Her background includes key leadership roles at H&M, such as Head of Sustainability and Global Head of Production, which are expected to enhance the Board's strategic capabilities. Kenneth Fox did not stand for re-election, concluding his tenure with the Board.
Shareholders approved the Annual Report, Audit Reports, Management Report, and the Annual Consolidated and Annual Financial Statements for 2024. The Report on Non-Financial Matters for 2024 was also approved, along with the discharge of the Board members and Executive Officers for the financial year 2024.
David Allemann and Caspar Coppetti were re-elected as Co-Chairmen of the Board of Directors. These governance updates aim to strengthen the company's oversight and strategic framework for future growth.
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