Cycle News

Cycle News 2020 Issue 19 may 12

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

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IN THE WIND P30 Zeitz Named President, CEO of Harley-Davidson H arley-Davidson announced that Jochen Zeitz has been appointed President and Chief Executive Officer (CEO), effec- tive immediately. Zeitz has served as Acting President and CEO since February 2020. Zeitz will continue to serve as Chairman of the Board. As previously dis- closed, Thomas Linebarger, an independent member of Harley- Davidson's Board of Directors since 2008, has been appointed Presiding Director. Linebarger said, "As the uncer- tainty surrounding the Covid-19 crisis and recovery persists, and given the significant changes that are needed at the company, solidifying Jochen as CEO dem- onstrates both the board's confi- dence in him and Jochen's com- mitment to leading the company through this extraordinary time. His two decades of experience as Chairman & CEO of a lead- ing global company and brand, and his enthusiasm and deter- mination to challenge everything about the company based on his turnaround experience is exactly what we need right now to lead Harley-Davidson to long term success. He has the unequivocal support of the board." Prior to being named Chair- man, Acting President and CEO in February, Zeitz was a member of the Harley-Davidson Board of Directors since 2007 and es- tablished the Com- pany's Brand and Sustainability Com- mittee. He served as Chairman and CEO of Puma for 18 years from 1993 to 2011 and was also Puma's CFO from 1993 to 2005. Zeitz remained Chairman of Puma after being appointed CEO of the Sport and Lifestyle division at luxury goods company Kering (formerly PPR) from 2011 to 2012. He then served as a director on Kering's Board of Directors from 2012-2016. Zeitz said, "In alignment with the board, my decision to be- come the President and CEO of Harley-Davidson reflects my deep passion and commitment to this company. During this ex- traordinary time of crisis my first priority is the well-being of our H-D community as I execute our Covid-19 response plan efforts to stabilize the business, resume operations and recover. I am also leading a necessary and compre- hensive overhaul of the company structure, operating model, and strategy as we adjust to the new post-Covid-19 realities. Over the next few months, we will rewire the business and define a new five-year strategic plan later this year. I will then oversee the implementation of these changes and reignite Harley-Davidson as one of the most revered and iconic brands in the world." CN Jochen Zeitz has been appointed president and CEO of Harley-Davidson.

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