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A large shareholder in Harley-Davidson CEO Jochen Zeitz and the other two long term members call on the company’s staff significant changes.
H Partquate management, other Harley-Davidson shareholders, said they wanted to “keep” the “secret” votes “in the upcoming joint-stock meeting during the re-election. Zeitz and other two board members, Thomas Lineegrarger and Sarah Levinson, rises to the voting.
The share of the company in the motorcycle is about 9.1%. One of the soldiers, Jared Doureville, was on the board of Harley-Davidson until the beginning of this month since 2022.
The corporate logo for Harley Davidson motorcycles, on June 1, 2024 in the store in Disney Springs on Walt Disney World, in the Florida State, Florida Springs in Walney Springs. (By Gary Hershorn / Getty Images / Getty Images)
Shareholders who voted for “hide” are “dissatisfied with the status que,” this meaningful change is required, “investment firm said in a combination of Securities and Exchange Commission (SECOND).
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In an existing letter, the Harley-Davidson’s board “Remove immediately” and change Zeitz Zeitz until a permanent CEO selected. ”
“We believe that a refugee CEO of refugees, which declares his intention, should not make decisions that can affect the long-term prospects of the business,” he said. “We also believe that the existing manageable board, which is tightly driven by a small number of plaques, cannot be trusted to control decisions, including the CEO sequence.”
| Ticker | Safety | Last | Change | Change% |
|---|---|---|---|---|
| Hump | Harley-Davidson Inc. | 21.84 | +0.22 |
+ 1.02% |
At the beginning of this month, Harley-Davidson said he was in the middle of the process of finding a new CEO for Zeitz, who informed the Board in the last year.
He says partners, Motorcycle company, Zeitz and Linebarger are partially accused of “lack of course-inability”.
On September 10, 2023, a Harley-Davidson motorcycle seen on Whyte Avenue in Edmonton, Alberta, Canada, a look at the bottom of a side of the motorcycle. (Via Arthur Widak / Nurphoto, Getty Images / Getty Images)
It was claimed that the rest of the board was not fully transparent. Zeitz, Lineegrarger and Levinson “pasturned” and “we could not hold each other for weak performance,” he said.
H Partner, the company, “It was established by the Board – to choose a new Permanent Director, the continuation of the company’s current strategic direction and further Azerbaijan’s destruction of the important shareholder is deep.
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Harley-Davidson’s shares on Wednesday fall more than 24% since the beginning of the year. 42.7% decreased over the past 12 months.
“We believe that the seller will repair the seller with vendors, developing the company’s historical existence, restore the company’s physical existence, and the company’s physical existence will restore the company and find a leader to return Harley-Davidson to greatness and return to greatness.
Fox business reached Harley-Davidson for comment.
In early February, the company said that $ 4.12 billion in revenue in 2024, and a decrease in 14.9% year. The annual net income fell to $ 455.36 million.
Harley-Davidson logo is seen in January 24, 2024 near the store in Krakow in Poland. (Getty Images / Jakub Porzycki / Nurphoto via Getty Images)
Zeitz saw Harley-Davidson’s “significantly affected our performance Continuous cyclical headings In 2024, consumer for arbitrary products, including a high interest rate environment that affects the trust.
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For 2025, the company’s forecast would be “straight, up to 5%”.
