Latest news with #HelenaHelmersson
Fashion Network
24-05-2025
- Business
- Fashion Network
On appoints former H&M CEO Helena Helmersson to board
Swiss performance sportswear brand On has appointed Helena Helmersson as an independent member of its Board of Directors, as well as a member of the Nomination and Compensation Committee. Helmersson joins On following a nearly three-decade career at H&M Group, where she served as chief executive officer from 2020 to 2024. She also previously held roles as chief operating officer, global head of production, and head of sustainability at H&M, between 2010 and 2020. Helmersson also currently serves on the boards of Quizrr, a digital training company, and as a chairperson of Circulose, a textile-to-textile recycling company. 'I'm honored and excited to join On's board of directors. On's unique blend of innovation, performance, and impact creates something truly special. I look forward to working with the Board and the management team to help shape the future of this inspiring company as it grows to true scale,' said Helmersson. David Allemann, co-founder and executive co-chairman of On, added: 'We are delighted to welcome Helena to On. Her exceptional track record in retail, operations, and purpose-driven leadership will be a powerful asset as we continue our journey to be the premium global sportswear brand. We're convinced she will play a pivotal role in shaping On's next chapter of global growth.' The company also announced that Kenneth Fox, who has served on the board for seven years, will conclude his term at On's 2025 Annual General Shareholders' Meeting. Fox played a key role in guiding On's strategic direction, including its IPO in 2021.
Fashion Network
24-05-2025
- Business
- Fashion Network
On appoints former H&M CEO Helena Helmersson to board
Swiss performance sportswear brand On has appointed Helena Helmersson as an independent member of its Board of Directors, as well as a member of the Nomination and Compensation Committee. Helmersson joins On following a nearly three-decade career at H&M Group, where she served as chief executive officer from 2020 to 2024. She also previously held roles as chief operating officer, global head of production, and head of sustainability at H&M, between 2010 and 2020. Helmersson also currently serves on the boards of Quizrr, a digital training company, and as a chairperson of Circulose, a textile-to-textile recycling company. 'I'm honored and excited to join On's board of directors. On's unique blend of innovation, performance, and impact creates something truly special. I look forward to working with the Board and the management team to help shape the future of this inspiring company as it grows to true scale,' said Helmersson. David Allemann, co-founder and executive co-chairman of On, added: 'We are delighted to welcome Helena to On. Her exceptional track record in retail, operations, and purpose-driven leadership will be a powerful asset as we continue our journey to be the premium global sportswear brand. We're convinced she will play a pivotal role in shaping On's next chapter of global growth.' The company also announced that Kenneth Fox, who has served on the board for seven years, will conclude his term at On's 2025 Annual General Shareholders' Meeting. Fox played a key role in guiding On's strategic direction, including its IPO in 2021.
Yahoo
24-05-2025
- Business
- Yahoo
On Holding (NYSE:ONON) Amends Bylaws and Adds Former H&M CEO to Board
On Holding has undergone notable governance and leadership updates, including amendments to its Articles of Association and the election of Helena Helmersson to its Board of Directors. These changes may bolster the company's strategic and operational framework. Over the last month, the company's stock rose by 33%, amidst broader market contracted by 2.7% over the last week. The rise in On Holding's stock price contrasts sharply with the short-term market downturn, perhaps aided by financial guidance updates predicting robust revenue growth, suggesting stronger investor confidence in its future prospects. Buy, Hold or Sell On Holding? View our complete analysis and fair value estimate and you decide. Uncover the next big thing with financially sound penny stocks that balance risk and reward. The recent changes in On Holding's governance, with amendments to its Articles of Association and the inclusion of Helena Helmersson on its Board, are likely to influence the company's strategic direction positively. These updates could enhance On Holding's operational framework, potentially leading to improved decision-making processes that align with its ambitious growth plans. This aligns with the company's focus on revenue generation through brand positioning and geographic expansion as highlighted in current analyses. On Holding's stock performance over the last three years has been remarkable, with a total shareholder return of 178.29%. This long-term growth reflects strong investor confidence in the company's direction, despite the broader market experiencing just 9% growth over the past year. Notably, On Holding also outperformed the US Luxury industry, which saw a decline of 13.1% during the same one-year period. The leadership updates may also influence financial forecasts, as optimism regarding robust governance can boost investor confidence and lead to upward revisions in revenue and earnings projections. Analysts have set a consensus price target of CHF62.59 for On Holding, which represents a 23.5% potential increase from the current share price of CHF47.9. This gap highlights a belief in the company's future growth prospects, supported by its strategic initiatives and potential scalability. Gain insights into On Holding's future direction by reviewing our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:ONON. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
24-05-2025
- Business
- Yahoo
On Names Former H&M Chief to Board of Directors
On Holding has tapped the Helena Helmersson, former H&M Group chief executive officer, to serve on its board of directors. At its annual meeting in Switzerland on Thursday, the performance running brand elected Helmersson as an additional independent member on its board of directors. She will also serve on the nomination and compensation committee. More from WWD Apparel Seen as Major Growth Area for On Holding On Raises 2025 Guidance After Reporting Record Sales in Q1 Cos Expands North American Footprint Helmersson led H&M from 2020 to 2024. She began her career at the fast-fashion giant in 1997 as a business controller in the buying office and held a number of positions at the company over the years. From 2010 to 2014, she served as the head of sustainability, leading the company's environmental and social initiatives. And from 2015 to 2018, she was global head of production and from 2018 to 2020, served as chief operating officer. Helmersson also serves as a board member of the digital training company Quizrr and as a chairperson of Circulose, a textile recycling company. At the same time, Kenneth Fox, founder of Stripes LLC, a growth equity firm, who had served on the board since 2018 and was instrumental in helping the company navigate its initial public offering in 2021, retired from the board. David Allemann, cofounder and executive co-chairman of On, said: 'We are delighted to welcome Helena to On. Her exceptional track record in retail, operations and purpose-driven leadership will be a powerful asset as we continue our journey to be the premium global sportswear brand. We're convinced she will play a pivotal role in shaping On's next chapter of global growth.' Helmersson added: 'On's unique blend of innovation, performance and impact creates something truly special. I look forward to working with the board and the management team to help shape the future of this inspiring company as it grows to true scale.' Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos] Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Helena Helmersson Elected To On Board of Directors
ZURICH, Switzerland, May 22, 2025--(BUSINESS WIRE)--Swiss performance sportswear brand On (NYSE: ONON) announced today the election of Helena Helmersson as an additional independent member of the Board of Directors as well as a member of the Nomination and Compensation Committee. David Allemann, Co-Founder and Executive Co-Chairman of On, said: "We are delighted to welcome Helena to On. Her exceptional track record in retail, operations, and purpose-driven leadership will be a powerful asset as we continue our journey to be the premium global sportswear brand. We're convinced she will play a pivotal role in shaping On's next chapter of global growth." Helena Helmersson, newly elected Board member of On, said: "I'm honored and excited to join On's Board of Directors. On's unique blend of innovation, performance, and impact creates something truly special. I look forward to working with the Board and the management team to help shape the future of this inspiring company as it grows to true scale." Ms. Helmersson brings a wealth of experience from her long-standing career in the fashion industry. She served as the Chief Executive Officer of H&M Group from 2020 to 2024. She began her career at H&M in 1997 as a business controller in the company's buying office and advanced through key leadership roles. From 2010 to 2014, she served as the Head of Sustainability, leading the company's environmental and social initiatives. Ms. Helmersson then held the position of Global Head of Production from 2015 to 2018, overseeing the company's sourcing and supply chain operations. Prior to becoming CEO of H&M, she served as its Chief Operating Officer from 2018 to 2020. Ms. Helmersson also serves as a board member of the digital training company Quizrr and as a chairperson of Circulose, a textile-to-textile recycling company. Ms. Helmersson holds a Master of Science degree in International Business from Umeå University, Sweden. On extends its sincere gratitude to Kenneth Fox for his seven years of dedicated and meaningful contributions to the Board of Directors, as his term concludes at the 2025 Annual General Shareholders' Meeting. His expertise and strategic guidance have been pivotal in shaping On's growth, including his involvement in the company's IPO in 2021. The Board extends its best wishes to Mr. Fox for continued success in his future endeavors. About OnOn was born in the Swiss Alps in 2010 with the mission to ignite the human spirit through movement – a mission that still guides the brand today. Fifteen years after market launch, On delivers industry-disrupting innovation in premium footwear, apparel and accessories for high-performance running, outdoor, training, all-day activities and tennis. On's award-winning CloudTec® and LightSpray™ innovation, purposeful design and groundbreaking strides within the circular economy have attracted a fast-growing global fan base – inspiring humans to explore, discover and Dream On. On is present in more than 80 countries globally and engages with a digital community on Source: OnCategory: Corporate View source version on Contacts Investor:On Holding AGLiv Radlingerinvestorrelations@ orICR, Media:On Holding AGAdib Sisanipress@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
