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Harley-Davidson announces promotion of Jonathan Root to President, Commercial

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Harley-Davidson (NYSE:HOG) has announced the promotion of Jonathan Root to the position of President, Commercial, effective January 27, 2025, while maintaining his current role as Chief Financial Officer. In his expanded role, Root will oversee global commercial operations while continuing to lead the finance organization, reporting to CEO Jochen Zeitz.

Root, who was appointed CFO in June 2023, previously served as Senior Vice President at Harley-Davidson Financial Services (HDFS), where he held multiple leadership positions including President of Eaglemark Savings Bank and Harley-Davidson Insurance. He joined HDFS in 2011 and holds an MBA from the University of Detroit Mercy and a Bachelor of Science in Corporate Finance from Wayne State University.

Harley-Davidson (NYSE:HOG) ha annunciato la promozione di Jonathan Root a Presidente Commerciale, con effetto dal 27 gennaio 2025, mantenendo il suo attuale ruolo di Chief Financial Officer. Nel suo nuovo ruolo, Root supervisionerà le operazioni commerciali globali, continuando a dirigere l'organizzazione finanziaria e riportando al CEO Jochen Zeitz.

Root, nominato CFO a giugno 2023, ha precedentemente ricoperto il ruolo di Vice Presidente Senior presso Harley-Davidson Financial Services (HDFS), dove ha ricoperto diverse posizioni di leadership, tra cui Presidente di Eaglemark Savings Bank e Harley-Davidson Insurance. È entrato a far parte di HDFS nel 2011 e possiede un MBA presso l'Università di Detroit Mercy e una Laurea in Scienze in Finanza Aziendale presso la Wayne State University.

Harley-Davidson (NYSE:HOG) ha anunciado la promoción de Jonathan Root al puesto de Presidente Comercial, efectivo a partir del 27 de enero de 2025, mientras mantiene su actual rol como Chief Financial Officer. En su rol ampliado, Root supervisará las operaciones comerciales globales mientras continúa liderando la organización financiera, reportando al CEO Jochen Zeitz.

Root, quien fue nombrado CFO en junio de 2023, anteriormente se desempeñó como Vicepresidente Senior en Harley-Davidson Financial Services (HDFS), donde ocupó múltiples puestos de liderazgo, incluyendo Presidente de Eaglemark Savings Bank y Harley-Davidson Insurance. Se unió a HDFS en 2011 y posee un MBA de la Universidad de Detroit Mercy y una Licenciatura en Ciencias en Finanzas Corporativas de la Wayne State University.

할리데이비슨(HOG:NYSE)이 조너선 루트를 상업 부문 사장으로 승진시키는 발표를 하였으며, 이는 2025년 1월 27일부터 시행되며, 현재의 최고 재무 책임자(CFO) 직책은 유지할 예정입니다. 루트는 확대된 역할에서 글로벌 상업 운영을 감독하며 재무 조직을 계속 이끌어 나가고, CEO인 요헨 자이츠에게 보고할 것입니다.

루트는 2023년 6월 CFO로 임명되기 전에 할리데이비슨 금융 서비스(HDFS)에서 수석 부사장으로 재직했으며, 이곳에서 이글마크 저축은행과 할리데이비슨 보험의 사장을 포함한 여러 리더십 역할을 수행했습니다. 그는 2011년에 HDFS에 합류했으며, 디트로이트 머시 대학교에서 MBA를, 웨인 주립대학교에서 기업 금융학 학사 학위를 취득했습니다.

Harley-Davidson (NYSE:HOG) a annoncé la promotion de Jonathan Root au poste de Président Commercial, prenant effet le 27 janvier 2025, tout en conservant son rôle actuel de Directeur Financier. Dans son rôle élargi, Root supervisera les opérations commerciales mondiales tout en continuant à diriger l'organisation financière, sous la responsabilité du PDG Jochen Zeitz.

Root, qui a été nommé CFO en juin 2023, a précédemment été Vice-Président Senior chez Harley-Davidson Financial Services (HDFS), où il a occupé plusieurs postes de direction, y compris Président d'Eaglemark Savings Bank et d'Harley-Davidson Insurance. Il a rejoint HDFS en 2011 et détient un MBA de l'Université de Detroit Mercy ainsi qu'une Licence en Sciences en Finance d'Entreprise de la Wayne State University.

Harley-Davidson (NYSE:HOG) hat die Beförderung von Jonathan Root zum Präsidenten für Commercial zum 27. Januar 2025 bekannt gegeben, wobei er seine derzeitige Rolle als Chief Financial Officer beibehält. In seiner erweiterten Rolle wird Root die globalen kommerziellen Operationen überwachen und weiterhin die Finanzorganisation leiten, während er an CEO Jochen Zeitz berichtet.

Root, der im Juni 2023 zum CFO ernannt wurde, war zuvor Senior Vice President bei Harley-Davidson Financial Services (HDFS), wo er mehrere Führungspositionen innehatte, darunter Präsident von Eaglemark Savings Bank und Harley-Davidson Insurance. Er trat 2011 HDFS bei und verfügt über einen MBA der University of Detroit Mercy sowie einen Bachelor of Science in Unternehmensfinanzierung von der Wayne State University.

Positive
  • Promotion maintains leadership continuity with Root retaining CFO position
  • Root brings extensive internal experience from various leadership roles at HDFS
  • Consolidation of commercial and financial oversight may improve operational efficiency
Negative
  • Potential risk of divided attention between CFO and Commercial President roles

MILWAUKEE, Jan. 8, 2025 /PRNewswire/ -- Harley-Davidson, Inc. ("Harley-Davidson") (NYSE:HOG) today announced that Jonathan Root has been promoted to President, Commercial; Root will continue to serve as Chief Financial Officer at the Company. Following this change, Root's new title will be "Chief Financial Officer and President, Commercial."

Root will assume his new responsibilities effective January 27, 2025, reporting to CEO Jochen Zeitz. In this expanded role, Root will assume oversight of global commercial operations while retaining his existing leadership of the finance organization.

"This promotion reflects Jonathan's strong leadership across a variety of roles at Harley-Davidson, and is underpinned by his knowledge and expertise of our business," said Jochen Zeitz, Chairman, President and CEO, Harley-Davidson Inc.

Root was appointed as Harley-Davidson CFO in June 2023, having previously held the role of Senior Vice President at Harley-Davidson Financial Services (HDFS), where Root oversaw the global HDFS business, as President of Eaglemark Savings Bank, President of Harley-Davidson Insurance, and President of all other HDFS subsidiaries. Root joined HDFS in 2011.

Root holds an MBA from the University of Detroit Mercy and a Bachelor of Science in Corporate Finance from Wayne State University.

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About Harley-Davidson

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. Since 1903, Harley-Davidson has defined motorcycle culture with an expanding range of leading-edge, distinctive and customizable motorcycles in addition to riding experiences and exceptional motorcycle accessories, riding gear and apparel. Harley-Davidson Financial Services provides financing, insurance and other programs to help get Harley-Davidson riders on the road. Learn more at www.harley-davidson.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/harley-davidson-announces-promotion-of-jonathan-root-to-president-commercial-302346414.html

SOURCE Harley-Davidson, Inc.

FAQ

When will Jonathan Root assume his new role as President, Commercial at Harley-Davidson (HOG)?

Jonathan Root will assume his new responsibilities as President, Commercial at Harley-Davidson effective January 27, 2025.

What positions will Jonathan Root hold at Harley-Davidson (HOG) after January 27, 2025?

Jonathan Root will hold the dual position of Chief Financial Officer and President, Commercial at Harley-Davidson.

What was Jonathan Root's previous role at Harley-Davidson (HOG)?

Jonathan Root was serving as Chief Financial Officer, a position he has held since June 2023, and previously was Senior Vice President at Harley-Davidson Financial Services.

What will be Jonathan Root's responsibilities in his new role at Harley-Davidson (HOG)?

In his expanded role, Root will oversee global commercial operations while retaining leadership of the finance organization, reporting to CEO Jochen Zeitz.

Harley-Davidson, Inc.

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