CEO Search Process Confirmed
Harley-Davidson (NYSE: HOG) has announced that its Board of Directors is conducting a CEO search process following current CEO Jochen Zeitz's expression of interest to retire in 2025. The search was initiated in Q4 2024 with a leading executive search firm.
Zeitz, who will have completed five years as CEO, will remain in position until a suitable successor is appointed to ensure a smooth transition. The Board acknowledged his significant contributions, including the implementation of the Hardwire five-year strategic plan (2021-2025), brand reinvigoration, and leadership during challenging operational periods.
Harley-Davidson maintains controlling interest in LiveWire Group, the first publicly traded all-electric motorcycle company in the US, focusing on urban adventure and electric mobility innovation.
Harley-Davidson (NYSE: HOG) ha annunciato che il suo Consiglio di Amministrazione sta conducendo un processo di ricerca del CEO dopo che l'attuale CEO Jochen Zeitz ha espresso interesse a ritirarsi nel 2025. La ricerca è stata avviata nel quarto trimestre del 2024 con una rinomata società di ricerca di dirigenti.
Zeitz, che avrà completato cinque anni come CEO, rimarrà in carica fino a quando non sarà nominato un successore idoneo per garantire una transizione fluida. Il Consiglio ha riconosciuto i suoi significativi contributi, inclusa l'implementazione del piano strategico quinquennale Hardwire (2021-2025), il rilancio del marchio e la leadership durante periodi operativi difficili.
Harley-Davidson detiene un interesse di controllo in LiveWire Group, la prima azienda di motociclette completamente elettriche quotata in borsa negli Stati Uniti, focalizzandosi sull'avventura urbana e sull'innovazione nella mobilità elettrica.
Harley-Davidson (NYSE: HOG) ha anunciado que su Junta Directiva está llevando a cabo un proceso de búsqueda de CEO tras la expresión de interés del actual CEO Jochen Zeitz por retirarse en 2025. La búsqueda se inició en el cuarto trimestre de 2024 con una destacada firma de búsqueda de ejecutivos.
Zeitz, quien habrá completado cinco años como CEO, permanecerá en su puesto hasta que se designe un sucesor adecuado para asegurar una transición fluida. La Junta reconoció sus importantes contribuciones, incluida la implementación del plan estratégico quinquenal Hardwire (2021-2025), la revitalización de la marca y el liderazgo durante períodos operativos desafiantes.
Harley-Davidson mantiene un interés de control en LiveWire Group, la primera empresa de motocicletas totalmente eléctricas que cotiza en bolsa en EE. UU., enfocándose en la aventura urbana y la innovación en movilidad eléctrica.
하늘-데이비슨 (NYSE: HOG)은 현재 CEO인 요헨 자이츠가 2025년에 은퇴 의사를 밝힘에 따라 이사회를 통해 CEO 검색 프로세스를 진행하고 있다고 발표했습니다. 검색은 2024년 4분기에 선도적인 경영진 검색 회사와 함께 시작되었습니다.
자이츠는 CEO로서 5년을 마치고 적절한 후임자가 임명될 때까지 자리에 남아 원활한 전환을 보장할 것입니다. 이사회는 하드와이어 5개년 전략 계획(2021-2025)의 실행, 브랜드 재활성화 및 어려운 운영 기간 동안의 리더십을 포함한 그의 중요한 기여를 인정했습니다.
하늘-데이비슨은 미국에서 최초로 상장된 전기 오토바이 회사인 라이브와이어 그룹에 대한 지배적인 지분을 유지하고 있으며, 도시 모험과 전기 이동성 혁신에 중점을 두고 있습니다.
Harley-Davidson (NYSE: HOG) a annoncé que son Conseil d'Administration mène un processus de recherche de CEO suite à l'expression d'intérêt de l'actuel CEO Jochen Zeitz pour prendre sa retraite en 2025. La recherche a été lancée au quatrième trimestre 2024 avec une entreprise de recherche de cadres de premier plan.
Zeitz, qui aura terminé cinq ans en tant que CEO, restera en poste jusqu'à ce qu'un successeur approprié soit nommé pour garantir une transition en douceur. Le Conseil a reconnu ses contributions significatives, y compris la mise en œuvre du plan stratégique quinquennal Hardwire (2021-2025), la revitalisation de la marque et le leadership durant des périodes opérationnelles difficiles.
Harley-Davidson maintient un intérêt de contrôle dans LiveWire Group, la première entreprise de motos entièrement électriques cotée en bourse aux États-Unis, axée sur l'aventure urbaine et l'innovation en mobilité électrique.
Harley-Davidson (NYSE: HOG) hat bekannt gegeben, dass der Vorstand einen CEO-Suchprozess einleitet, nachdem der derzeitige CEO Jochen Zeitz sein Interesse an einer Pensionierung im Jahr 2025 geäußert hat. Die Suche wurde im vierten Quartal 2024 mit einer führenden Personalberatung gestartet.
Zeitz, der seine fünfjährige Amtszeit als CEO abgeschlossen haben wird, bleibt im Amt, bis ein geeigneter Nachfolger ernannt wird, um einen reibungslosen Übergang zu gewährleisten. Der Vorstand erkannte seine bedeutenden Beiträge an, einschließlich der Umsetzung des Hardwire-Fünfjahresstrategiepapiers (2021-2025), der Wiederbelebung der Marke und der Führung in herausfordernden Betriebszeiten.
Harley-Davidson hält eine kontrollierende Beteiligung an LiveWire Group, dem ersten börsennotierten Elektro-Motorradunternehmen in den USA, das sich auf urbane Abenteuer und Innovationen in der Elektromobilität konzentriert.
- Planned and orderly CEO transition process ensures leadership stability
- Successful execution of Hardwire five-year strategic plan (2021-2025)
- Strategic position in electric motorcycle market through LiveWire Group controlling interest
- Departure of successful CEO who led company through challenging periods
- Potential strategic uncertainty during leadership transition
Insights
The announcement of CEO Jochen Zeitz's planned retirement and ongoing succession process represents a significant transition point for Harley-Davidson. This planned departure comes as Zeitz completes a five-year tenure marked by the implementation of the Hardwire strategic plan (2021-2025).
While leadership transitions always introduce some uncertainty, several factors mitigate immediate concerns. First, this appears to be a well-orchestrated succession plan rather than an abrupt departure - the search process began in Q4 2024 using a leading executive search firm, suggesting thoughtful preparation. Second, Zeitz will remain until a successor is appointed, enabling continuity and knowledge transfer.
The timing aligns with the natural conclusion of the company's current strategic plan period, potentially allowing a new leader to shape the next phase of Harley's evolution. This is particularly relevant as the company navigates both its traditional motorcycle business and its stake in LiveWire, the electric motorcycle venture.
For long-term investors, CEO transitions warrant close attention as they often signal strategic inflection points. The Board's public acknowledgment of Zeitz's contributions in "reinvigorating the brand" during "challenging operating environments" suggests they recognize the importance of maintaining momentum while preparing for leadership evolution.
The search process was initiated in Q4 2024 with the retention of a leading executive search firm after Jochen Zeitz, the current CEO, expressed his interest in retiring from the Company in 2025 after five years in the CEO position, and subject to the appointment of a suitable successor. Mr. Zeitz will remain as CEO until such successor is identified to ensure an orderly leadership transition.
The Board is grateful to Mr. Zeitz for his many significant contributions to the Company as CEO. These contributions include, but are not limited to, the creation and successful execution of the Hardwire, the Company's five-year strategic plan (2021-2025), reinvigorating the brand, and his leadership during one of the most challenging operating environments in the history of the Company.
Company Background
Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Our vision: Building our legend and leading our industry through innovation, evolution and emotion. Our mission: More than building machines, we stand for the timeless pursuit of adventure. Freedom for the soul. Our ambition is to maintain our place as the most desirable motorcycle brand in the world. Since 1903, Harley-Davidson has defined motorcycle culture by delivering a motorcycle lifestyle with distinctive and customizable motorcycles, experiences, motorcycle accessories, riding gear and apparel. Harley-Davidson Financial Services provides financing, insurance and other programs to help get riders on the road. Harley-Davidson also has a controlling interest in LiveWire Group, Inc., the first publicly traded all-electric motorcycle company in
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SOURCE Harley-Davidson, Inc.
FAQ
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