Harley-Davidson Urges Shareholders to Support Board Members Before Annual Meeting
In a pivotal moment for Harley-Davidson, shareholders are being urged to participate in the upcoming Annual Meeting on May 14, 2025. The renowned motorcycle manufacturer highlights the necessity for investment holders to cast their votes in support of the board's recommended candidates on the WHITE proxy card. The company emphasizes the urgency of this matter as it navigates a critical phase in its storied history, marked by over 120 years of tradition and innovation.
Harley-Davidson has communicated its concerns through a formal letter to shareholders, stressing how vital their votes are for the company's future. As it stands, the board is engaged in a diligent search for a new CEO, someone with the expertise and vision necessary to not only maintain but also enrich the legacy that Harley-Davidson represents. The effort to find the right leader is made all the more complex due to the ongoing interference from H Partners, a hedge fund that seeks to remove several board members and influence the CEO selection process.
The company has made it clear that H Partners' campaign is misguided and potentially detrimental to the progress that has been achieved in recent times. The independent proxy advisory firm, Institutional Shareholder Services (ISS), has supported Harley-Davidson’s stance, recommending shareholders to endorse all director nominees as they have been integral to the company's recovery and transformation strategy. This intervention from ISS helps validate Harley-Davidson's position against the disruptive tactics employed by H Partners, further substantiating claims that their motives do not align with the best interests of the shareholders or the company.
The message from Harley-Davidson is unequivocal: It is crucial for shareholders to defend their investment and the future of the iconic brand by supporting its nominated directors who aim to uphold the company’s rich history while striving for future advancements. The board believes that the current management team is best suited to navigate the challenges ahead and that the voices of shareholders must resonate in these critical decisions.
"Support your highly qualified Directors who are dedicated to preserving Harley-Davidson's legacy, and help select a leader that reflects our brand's values," the company urges. Given the stakes involved, Harley-Davidson is emphasizing that each vote matters. Shareholders are reminded that their decisions during this annual meeting will impact not just their investments but the broader direction of the company.
With time running out, Harley-Davidson strongly advocates for the completion of the voting process well before the meeting on May 14. They stress that every voice is vital in reclaiming and securing the heritage and future of Harley-Davidson, resonating with the community that defines the brand.
In conclusion, Harley-Davidson calls for a unified front among its shareholders to protect the legacy of this American institute. By casting votes in favor of the proposed directors, shareholders will play an essential role in continuing the journey towards growth and innovation. The company concludes with an empowering message: "Let’s ride together towards a future defined by strength, unity, and community. Vote today!"