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 additional role of Chief Operating Officer (COO) starting January 2026. Maguire joined On in April and will fill the position left vacant by Sam Wenger, who served as COO for eight years. Maguire's responsibilities include overseeing the 'Lightspray robots' used in shoe manufacturing, with plans to scale up production.
Why It's Important?
This leadership change at On is significant as it reflects the company's strategic direction in innovation and operational efficiency. By consolidating the roles of CIO and COO, On aims to streamline its operations and enhance its manufacturing capabilities. This move could potentially lead to increased production efficiency and innovation in product development, impacting the company's competitive position in the sportswear market.
What's Next?
As Maguire transitions into his new role, On is expected to focus on expanding its use of automation in manufacturing. The company's ability to scale production using 'Lightspray robots' could set a precedent for technological integration in the sportswear industry. Stakeholders will be watching how these changes affect On's market performance and operational success.
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