On adds Dennis Durkin to its Board as Independent Director

– SWITZERLAND, Zurich –  On (NYSE: ONON), the Swiss performance sports brand today announced the election of Dennis Durkin to its Board as an additional independent Director.

“We are extremely pleased to welcome Dennis to the On Board, and with this have him take the chair of the Audit Committee. Together with Alex Perez, we now have a fully independent and highly experienced Audit Committee. Following the recent appointment of Amy Banse as an On Board member, we continue the journey of bringing highly experienced individuals with independent and diverse viewpoints to the On Board of Directors.” said David Allemann, Co-Founder and Executive Co-Chairman.

Dennis Durkin will also join the Audit Committee as its Chairman.

About Dennis Durkin

Dennis Durkin has served as a board observer to the On Board of Directors from September 2021 through May 2022. Before that, he had served as CFO of Activision Blizzard Inc before retiring from the company in May 2021. He originally joined ATVI as CFO in March 2012 and held that position until May 2017. He served as Chief Corporate Officer from May 2017 until January 2019. From January 2019 until his retirement, he served as CFO and President of Emerging Businesses. Before joining ATVI, from 1999 until February 2012, Mr. Durkin held several positions of increasing responsibility at Microsoft Corporation, most recently serving as the Corporate VP, and COFO of Microsoft’s Interactive Entertainment Business, which included the Xbox, Xbox Live, and games business. Before joining Microsoft’s Interactive Entertainment Business in 2006, Mr. Durkin worked on Microsoft’s corporate development and strategy team, including two years where he was based in London, England driving pan-European activity. Before joining Microsoft, Mr. Durkin was a financial analyst at Alex. Brown and Company.

Mr. Durkin holds a B.A. degree in government from Dartmouth College and an M.B.A. degree from Harvard University.

About On

On was born in the Swiss Alps with one goal: to revolutionize the sensation of running by empowering all to run on clouds. Twelve years after its market launch, On delivers industry-disrupting innovation in premium footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. Fueled by customer recommendation, On’s award-winning CloudTec innovation, purposeful design, and groundbreaking strides in sportswear’s circular economy have attracted a fast-growing global fanbase — inspiring humans to explore, discover, and dream.

For more information: https://www.on-running.com/

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