Proxy Advisory Firms Recommend Withholding Votes for Three Long-Tenured Directors Ahead of Harley-Davidson's 2025 Shareholder Meeting

Reuters

05-09

Proxy Advisory Firms Recommend Withholding Votes for Three Long-Tenured Directors Ahead of Harley-Davidson's 2025 Shareholder Meeting

Two independent proxy advisory firms, Glass, Lewis & Co. and Egan-Jones Ratings Company, have recommended that shareholders of Harley-Davidson Inc. vote "WITHHOLD" against re-electing three long-tenured directors-CEO and Chairman Jochen Zeitz, Presiding Director Thomas Linebarger, and 29-year director Sara Levinson-at the company's upcoming Annual Meeting on May 14, 2025. This recommendation aligns with H Partners, a significant shareholder with a 9.3% stake in the company, which has expressed concerns about the board's alleged secret commitments to select investors in an attempt to secure votes. H Partners advocates for a refreshed board with impartial, qualified experts to better position the company for future success. Shareholders are encouraged to vote on the BLUE proxy card to express their stance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harley-Davidson Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250508297554) on May 08, 2025, and is solely responsible for the information contained therein.

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