Brew Markets

Disney CEO’s Roller Coaster First Week & Founders Return to Shoemaker On

Mar 25, 2026
A leadership shakeup at Swiss sneaker maker and the founders' surprising return spark talk of deeper company strain. Disney's new CEO faces a chaotic first week with billion-dollar deals, gaming bets and TV programming fallout. Tech giants face legal and market drama as social media liability, TSA-driven stock moves and SpaceX IPO rumors make headlines.
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INSIGHT

Founders Return Signals Strategic Reset At On Holding

  • ON's co-founders David Alleman and Caspar Capetti are returning as co-CEOs after Martin Hoffman's departure, signaling founder-led strategic reassertion.
  • The move followed disappointing forward guidance and weaker apparel/direct-channel results, triggering a ~7% share drop on the news.
INSIGHT

Strong Numbers Can Still Spook Growth Investors

  • ON beat historical revenue and profitability but guided to 23% growth, which investors read as a slowdown despite strong absolute results.
  • Holiday-quarter apparel and Americas/Asia direct-channel misses amplified concerns about diversification beyond footwear.
ANECDOTE

DiMauro Wins Succession With Experiences Background

  • Josh DiMauro became Disney CEO on March 18th after an internal succession contest with Dana Walden.
  • He came from running Experiences (parks, games, cruises) and had pitched interactive uses of Disney Plus.
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