What is the story about?
What's Happening?
Scott Maguire, currently the Chief Innovation Officer (CIO) at the Swiss sports company On, will assume the role of Chief Operating Officer (COO) starting January 2026. This transition follows the departure of Sam Wenger, who served as COO for eight years. Maguire, who joined On in April, is expected to continue his work with the company's 'Lightspray robots' used in shoe manufacturing, potentially scaling up production.
Why It's Important?
This leadership change at On signifies a strategic shift in the company's operational management. By consolidating the roles of CIO and COO, On aims to streamline its innovation and operational processes. Maguire's involvement with advanced manufacturing technologies like the 'Lightspray robots' suggests a focus on enhancing production efficiency and innovation. This move could impact On's market position and competitiveness in the sportswear industry, potentially influencing its growth and expansion strategies.
What's Next?
As Maguire prepares to take on his new responsibilities, On may see changes in its operational strategies, particularly in manufacturing and innovation. The company might focus on leveraging technology to improve production capabilities and meet market demands. Stakeholders will be watching how Maguire's dual role influences On's performance and whether it leads to increased efficiency and innovation in product development.
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