Harley-Davidson Chairman Saved His Seat by Slim Margin -- Market Talk

Dow Jones

05-20

1721 ET - Harley-Davidson Chairman and CEO Jochen Zeitz kept his seat on the company's board by just a 1 percentage point margin, vote totals released by the company reveal. Activist investor H Partners started a proxy fight to remove Zeitz and two others from the board of the Milwaukee-based motorcycle maker, saying they were responsible for poor financial performance. Harley directors must resign if fewer than 50% of shares voted register approval, and Zeitz got 51%. The other directors targeted by H Partners, Thomas Linebarger and Sara Levinson, received 59% and 58% approval, respectively. Every other member of Harley's nine-person board received more than 90% approval. (john.keilman@wsj.com)

(END) Dow Jones Newswires

May 19, 2025 17:21 ET (21:21 GMT)

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Activist investor H Partners started a proxy fight to remove Zeitz and two others from the board of the Milwaukee-based motorcycle maker, saying they were responsible for poor financial performance. Harley directors must resign if fewer than 50% of shares voted register approval, and Zeitz got 51%. The other directors targeted by H Partners, Thomas Linebarger and Sara Levinson, received 59% and 58% approval, respectively. Every other member of Harley's nine-person board received more than 90% approval. (john.keilman@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 19, 2025 17:21 ET (21:21 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}