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Stock impact report

Major investor in Harley-Davidson wants CEO, two others removed from the board [FOX Business Network]

Harley-Davidson, Inc. (HOG) 
Last harley-davidson, inc. earnings: 4/28 06:50 am Check Earnings Report
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 firm's stake in the motorcycle company amounts to approximately 9.1%. One of its principals, Jared Doureville, was on Harley-Davidson's board from February 2022 until earlier this month, when he resigned. Shareholders voting to "withhold" would be "sending a strong message to the Board that they are dissatisfied with the status quo and that meaningful change is required," the investment firm said in a filing with the Securities and Exchange Commission (SEC). In a publicly-available letter, H Partners advocated for Harley-Davidson's boar Show less Read more
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