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Harley Davidson slams activist investor, says it has wrecked its CEO succession process

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With shares down 42% in the last year, the company is facing off against investment firm H Partners.
Harley-Davidson is currently facing pressure from activist investor ValueAct Capital to expedite the search for a new CEO following the announcement that CEO Jochen Zeitz's contract will not be renewed when it expires in 2025. ValueAct, which holds a significant stake in the company, is pushing for a strategic overhaul to address declining sales and market share. The investor group believes that a new leadership could better navigate the challenges posed by shifting consumer preferences and increased competition in the motorcycle industry. Harley-Davidson's board is reportedly considering these demands but has not yet made a final decision on the CEO succession plan.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/16/harley-davidson-activist-investor-ceo-search/ ]