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H Partners Presses for Change at Harley-Davidson (HOG), Urges Shareholders to Withhold Votes from Zeitz, Linebarger, and Levinson over Underperformance and Poor Oversight

Summary

H Partners, Harley-Davidson’s largest investor, is urging shareholders to withhold votes from CEO/Chairman Jochen Zeitz, Presiding Director Thomas Linebarger, and Director Sara Levinson, citing stock underperformance, $2B in value destruction, failed execution of the Hardwire strategy, collapsing dealer profitability, and LiveWire’s heavy cash burn. The firm highlights entrenched governance, a botched CEO succession process, and excessive pay for Zeitz despite missed targets, and calls for a reconstituted board and an external CEO to restore accountability, rebuild dealer relations, and unlock potential upside toward a $150+ share price.

Company Name: Harley-Davidson, Inc.
Symbol: HOG
Filing Date: Apr-23-2025
Filer Name: H Partners Management, LLC

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H Partners-Harley-Apr-23-2025.pdf
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Source:

https://www.sec.gov/Archives/edgar/data/793952/000092189525001145/ex1todfan14a10304005_042325.pdf

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