Harley-Davidson Urges Shareholders to Back Board Members
Harley-Davidson's Appeal to Shareholders Amid Recent Controversies
Encouraging Shareholders to Vote "FOR ALL" Director Nominees with the WHITE Proxy Card TODAY
Harley-Davidson, Inc. (the "Company" or "Harley-Davidson") (NYSE: HOG) has made a clarion call to its shareholders in response to allegations brought forth by H Partners. As the annual meeting approaches, Harley-Davidson seeks unity among its shareholders in selecting the right leadership for the future.
In a recent statement, Harley-Davidson expressed deep concern over H Partners' tactics, labeling them as misleading and counterproductive. The company firmly believes that the Board operates with integrity and adheres to the highest standards of corporate governance — an ethos that it considers H Partners fails to grasp.
Commitment to Shareholder Interests
The Harley-Davidson Board is steadfast in its commitment to acting in the best interests of all shareholders. It is crucial to note that the current Board members are heavily involved in the ongoing CEO search process, which is vital for securing a successful future for the company.
Current Board Members and Their Roles
Three directors targeted by H Partners — Jochen Zeitz, Tom Linebarger, and Sara Levinson — play pivotal roles in this significant transition. Their expertise is essential for the careful onboarding of Harley-Davidson's next leader. This makes their re-election during the upcoming Annual Meeting of Shareholders crucial.
H Partners previously held the opportunity to influence the selection of a new CEO but chose not to participate. Their support for the current CEO and their voting history for nominees contradict the current criticisms they are making against the company.
The Importance of Voting
Recognizing the importance of shareholder votes, Harley-Davidson urges all investors to safeguard their investments by voting "FOR ALL" nominees on the WHITE proxy card.
How to Vote
Shareholders can obtain further information about voting through Harley-Davidson’s dedicated resources. If assistance is required, shareholders are invited to contact the proxy solicitor, Innisfree M&A Incorporated, for guidance on voting procedures.
Harley-Davidson's Legacy
Founded over a century ago, Harley-Davidson has established itself as a cornerstone of motorcycle culture, recognized for its commitment to innovation and customization. The company’s mission transcends merely producing motorcycles; it embodies a spirit of adventure and freedom.
As the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services, the firm aspires to maintain its status as the most desirable motorcycle brand globally. Its latest venture includes a controlling interest in LiveWire Group, Inc., marking significant advancements in the electric motorcycle sphere.
Looking to the Future
This initiative aligns with Harley-Davidson's ambition to lead the industry through evolution and technology. With LiveWire, the company aims to redefine urban adventure riding while retaining its dedication to the iconic Harley-Davidson experience.
Frequently Asked Questions
What prompted Harley-Davidson's recent statement?
Harley-Davidson responded to accusations from H Partners, emphasizing its commitment to good governance and shareholder interests.
Who are the directors up for re-election?
Jochen Zeitz, Tom Linebarger, and Sara Levinson are the key directors targeted by H Partners who are standing for re-election.
Why is shareholder voting emphasized?
Harley-Davidson believes that shareholder votes are crucial for maintaining investment value and ensuring strong leadership during a pivotal transition.
What is the vision of Harley-Davidson?
The company aims to continue its legacy of adventure and become the most desirable motorcycle brand through innovation and emotional connections.
How is Harley-Davidson involved in electric motorcycles?
Harley-Davidson has a controlling interest in LiveWire Group, focusing on the development and marketing of electric motorcycles.
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