US EditionHarley-Davidson investor calls for leadership change, removal of CEO
- A major shareholder, H Partners Management, is calling for the removal of CEO Jochen Zeitz and two board members from Harley-Davidson due to alleged poor performance and lack of accountability in the company's leadership.
- H Partners advised shareholders to vote 'withhold' to express dissatisfaction with the board and urged immediate changes, including finding an interim CEO as Zeitz plans to retire.
- Harley-Davidson's shares have decreased over 24% this year, and the company reported a 14.9% decline in revenue in 2024, totaling $4.12 billion.
- Jared Doureville, a former board member, criticized Zeitz for the company's underperformance and cultural depletion, emphasizing the need for improved management accountability.
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14 Articles
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The New York LedgerMajor investor in Harley-Davidson wants CEO, two others removed from the board
A major shareholder in Harley-Davidson is calling for significant changes to the company's board, arguing CEO Jochen Zeitz and two other long-time members should be removed.H Partners Management said Wednesday it was asking other Harley-Davidson shareholders to cast "withhold" votes at the upcoming shareholder meeting in May when the re-election of Zeitz and two other board members, Thomas Linebarger and Sara Levinson, goes up for a vote. The fi…
Harley-Davidson Is in Big Trouble
One of Harley-Davidson Inc.’s (NYSE: HOG) largest investors does not like how the company is run. H Partners owns just shy of 10% of the motorcycle firm’s shares. The institutional investor says management needs to change and the board needs to be restructured. 24/7 Wall St. Key Points: One of Harley-Davidson Inc.’s (NYSE: HOG) largest investors does not like how the company is run. The stock price supports the argument that the company has b…
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