H Partners Pushes for Harley-Davidson CEO Jochen Zeitz's Removal at 2025 Annual Meeting

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Published Apr 16, 2025, 02:03 PM

Harley-Davidson Inc. is facing significant internal turmoil as a major shareholder, H Partners, is preparing to launch a campaign to shake up the company's board and push for the immediate removal of CEO Jochen Zeitz. This move comes in response to deteriorating sales and a recent stock price plunge. H Partners is specifically targeting the removal of three directors at the 2025 annual meeting, signaling a broader dissatisfaction with the current leadership and strategic direction of the company. The shareholder's actions are seen as a direct challenge to the company's narrative around CEO succession, which has been disrupted by public criticism from departing board member Jared D. Dourdeville. The pressure from H Partners follows shortly after CEO Jochen Zeitz announced his intention to step down once a successor is found, highlighting the urgency and intensity of the situation at Harley-Davidson.

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The Wall Street Journal

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A major Harley-Davidson shareholder is preparing to launch a fight to shake up the motorcycle maker’s board and quickly replace its chief executive in the face of deteriorating sales https://t.co/lSxECRZoUW