On Holding AG Slips to 413th in Trading Volume Ranking as Stock Price Declines

On Holding AG (ONON) experienced a significant decline in trading volume on May 22, 2025, with a total of 2.29 billion shares traded, marking a 30.52% decrease from the previous day. This drop placed On in the 413th position in terms of trading volume for the day. The stock price of On also saw a decrease of 0.54%, marking the third consecutive day of decline, with a total decrease of 1.95% over the past three days.

On Holding AG has announced the appointment of Helena Helmersson to its Board of Directors. This move is seen as a strategic enhancement for the company, bringing in a wealth of experience from the fashion industry. Helmersson, who previously served as the CEO of H&M Group from 2020 to 2024, is known for her leadership in retail, operations, and sustainability. Her extensive background includes roles as the Head of Sustainability and Global Head of Production at H&M, where she oversaw environmental and social initiatives and supply chain operations. Her appointment is expected to bolster On's global growth and innovation efforts.

Helena Helmersson's addition to the Board is part of On's ongoing efforts to strengthen its leadership team. The company expressed gratitude to Kenneth Fox for his seven years of service on the Board, highlighting his contributions to On's growth, including its IPO in 2021. Fox's term concludes at the 2025 Annual General Shareholders’ Meeting, and the Board wishes him success in his future endeavors. Helmersson's expertise in retail and sustainability is anticipated to play a crucial role in shaping On's future strategies and global expansion.