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Harley-Davidson Sends Letter to Shareholders

  • Harley-Davidson sent a letter on May 5, 2025, to shareholders about the upcoming 2025 Annual Meeting scheduled for May 14, 2025, in Milwaukee.
  • The letter responds to a campaign launched by H Partners, whose representative Jared Dourdeville seeks board control after their preferred CEO candidate failed to gain majority support.
  • The company emphasizes its strong board governance, ongoing CEO search, and recent business progress including operating margins of 13% and free cash flow at 70% of EBITDA for 2022-2024.
  • Harley-Davidson leaders, including Norman Thomas Linebarger and Sara Levinson, stress the board's focus on stability, preserving legacy, and selecting the best CEO to lead future growth.
  • The letter urges shareholders to vote the company’s white proxy card for all directors to protect shareholder value and the company’s long-term strategy amid risks from H Partners' disruptive campaign.
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Farm Talk NewspaperFarm Talk Newspaper
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Harley-Davidson Sends Letter to Shareholders

Highlights the Board's Critical Skills and Experience Needed to Choose the Company's Next CEO and Drive Future Growth

·Parsons, United States
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Paul Tan's Automotive News broke the news in on Monday, May 5, 2025.
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