Harley-Davidson Management

Management criteria checks 3/4

Harley-Davidson's CEO is Jochen Zeitz, appointed in Feb 2020, has a tenure of 4.42 years. total yearly compensation is $11.95M, comprised of 16.3% salary and 83.7% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth MX$479.76M. The average tenure of the management team and the board of directors is 3.5 years and 7.4 years respectively.

Key information

Jochen Zeitz

Chief executive officer

US$12.0m

Total compensation

CEO salary percentage	16.3%
CEO tenure	4.4yrs
CEO ownership	0.6%
Management average tenure	3.5yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jochen Zeitz's remuneration changed compared to Harley-Davidson's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$637m
Dec 31 2023	US$12m	US$2m	US$707m
Sep 30 2023	n/a	n/a	US$723m
Jun 30 2023	n/a	n/a	US$785m
Mar 31 2023	n/a	n/a	US$823m
Dec 31 2022	US$43m	US$2m	US$741m
Sep 25 2022	n/a	n/a	US$721m
Jun 26 2022	n/a	n/a	US$623m
Mar 27 2022	n/a	n/a	US$613m
Dec 31 2021	US$18m	US$3m	US$650m
Sep 30 2021	n/a	n/a	US$532m
Jun 27 2021	n/a	n/a	US$489m
Mar 28 2021	n/a	n/a	US$191m
Dec 31 2020	US$10m	US$2m	US$1m
Sep 27 2020	n/a	n/a	US$111m
Jun 30 2020	n/a	n/a	US$78m
Mar 31 2020	n/a	n/a	US$365m
Dec 31 2019	US$250k	n/a	US$424m
Sep 29 2019	n/a	n/a	US$411m
Jun 30 2019	n/a	n/a	US$438m
Mar 31 2019	n/a	n/a	US$485m
Dec 31 2018	US$250k	n/a	US$531m
Sep 30 2018	n/a	n/a	US$539m
Jul 01 2018	n/a	n/a	US$494m
Apr 01 2018	n/a	n/a	US$510m
Dec 31 2017	US$250k	n/a	US$522m

Compensation vs Market: Jochen's total compensation ($USD11.95M) is above average for companies of similar size in the MX market ($USD1.78M).

Compensation vs Earnings: Jochen's compensation has been consistent with company performance over the past year.

CEO

Jochen Zeitz (61 yo)

4.4yrs

Tenure

US$11,953,280

Compensation

Mr. Jochen Zeitz has been the Chairman of Harley-Davidson, Inc. since February 2020 and has been its Director since August 6, 2007. He has been the President and Chief Executive Officer of Harley-Davidson,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jochen Zeitz	Chairman	4.4yrs	US$11.95m	0.57% MX$ 479.8m
Jonathan Root	Chief Financial Officer	1.1yrs	US$1.29m	0.021% MX$ 18.0m
Jagdish Krishnan	Chief Digital & Operations Officer	1.3yrs	US$1.70m	0.013% MX$ 11.0m
Paul Krause	Chief Legal Officer	4.7yrs	US$1.35m	0.015% MX$ 12.3m
David Viney	VP & Treasurer	no data	US$1.08m	no data
Mark Kornetzke	Chief Accounting Officer	15.2yrs	no data	0.0058% MX$ 4.9m
Shawn Collins	Director of Investor Relations	no data	no data	no data
George Prassas	Vice President of Communications & Corporate Relations	no data	no data	no data
Theo Keetell	Vice President of Marketing	2.7yrs	no data	no data
Tori Termaat	Chief Human Resources Officer	2.7yrs	no data	0.0064% MX$ 5.4m
Ray Drea	Chief Stylist	no data	no data	no data
Sajeev Rajasekharan	Managing Director of Asia Emerging Markets & India	5.8yrs	no data	no data

3.5yrs

Average Tenure

49yo

Average Age

Experienced Management: HOG *'s management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jochen Zeitz	Chairman	16.9yrs	US$11.95m	0.57% MX$ 479.8m
Norman Linebarger	Independent Presiding Director	16yrs	US$290.00k	0.018% MX$ 15.4m
Sara Levinson	Independent Director	28.4yrs	US$255.00k	0.0034% MX$ 2.9m
Troy Alstead	Independent Director	7.4yrs	US$285.00k	0.023% MX$ 19.4m
Maryrose Sylvester	Independent Director	8yrs	US$280.00k	0.016% MX$ 13.7m
Allan Golston	Independent Director	7.4yrs	US$280.00k	0.0016% MX$ 1.4m
James Farley	Independent Director	3.2yrs	US$260.00k	0.014% MX$ 11.6m
Rafeh Masood	Independent Director	1.9yrs	US$260.00k	0.0020% MX$ 1.7m
Jared Dourdeville	Independent Director	2.4yrs	no data	no data

7.4yrs

Average Tenure

61yo

Average Age

Experienced Board: HOG *'s board of directors are considered experienced (7.4 years average tenure).

Harley-Davidson Management

Management criteria checks 3/4

Key information

Recent management updates

Harley-Davidson, Inc., Annual General Meeting, May 16, 2024

Harley-Davidson, Inc. Appoints Jonathan Root as Chief Financial Officer

Insider recently sold Mex$2.2m worth of stock

Insider recently sold Mex$2.2m worth of stock

Chairman recently bought Mex$20m worth of stock

Director recently bought Mex$1.0m worth of stock

Recent updates

Harley-Davidson, Inc. Provides Earnings Guidance for the Full Year 2024

Harley-Davidson, Inc. to Report Q3, 2024 Results on Oct 24, 2024

Harley-Davidson, Inc. Approves Cash Dividend for the Third Quarter of 2024, Payable on September 27, 2024

Jelly Roll and Harley-Davidson Unite for Exclusive Apparel Collaboration

Harley-Davidson, Inc. (NYSE:HOG) announces an Equity Buyback for $1,000 million worth of its shares.

Harley-Davidson, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Harley-Davidson, Inc. Declares Dividend for the Second Quarter of 2024, Payable on June 21, 2024

First quarter 2024 earnings released: EPS: US$1.73 (vs US$2.08 in 1Q 2023)

Harley-Davidson, Inc., Annual General Meeting, May 16, 2024

Harley-Davidson, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Harley-Davidson, Inc. Approves Cash Dividend for the First Quarter of 2024, Payable on March 20, 2024

Harley-Davidson Unveils Four New 2024 Motorcycle Models

Harley-Davidson, Inc. to Report Q4, 2023 Results on Feb 08, 2024

Harley-Davidson, Inc. Approves Cash Dividend for the Fourth Quarter of 2023, Payable on December 27, 2023

Harley-Davidson, Inc. Approves Cash Dividend for the Fourth Quarter of 2023, Payable on December 27, 2023

Harley-Davidson, Inc. Reaffirms Earnings Guidance for the Year 2023

Harley-Davidson, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Harley-Davidson, Inc. Declares Dividend for the Third Quarter of 2023, Payable on September 27, 2023

Harley-Davidson, Inc. Revises Earnings Guidance for the Year 2023

Harley-Davidson, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Hero MotoCorp and Harley-Davidson Co-Developed Premium Motorcycle 'HARley-Davidson X440' Debuts in India

Harley-Davidson, Inc. Appoints Jonathan Root as Chief Financial Officer

Harley-Davidson, Inc. Approves Cash Dividend for the Second Quarter of 2023, Payable June 21, 2023

Investor sentiment deteriorates as stock falls 26%

Full year 2022 earnings released: EPS: US$5.01 (vs US$4.23 in FY 2021)

Harley-Davidson, Inc. Declares Cash Dividend for the First Quarter of 2023, Payable on March 20, 2023

Insider recently sold Mex$2.2m worth of stock

Harley-Davidson, Inc. Launches H-D Collections, A Grouping of Lifestyle Apparel Lines

Insider recently sold Mex$2.2m worth of stock

Full year 2022 earnings released: EPS: US$5.01 (vs US$4.23 in FY 2021)

Harley-Davidson, Inc. Provides Earnings Guidance for the Full Year 2023

Harley-Davidson, Inc. to Report Q4, 2022 Results on Feb 02, 2023

Harley-Davidson, Inc. Declares Dividend for the Fourth Quarter of 2022, Payable on December 23, 2022

Harley-Davidson, Inc. Re-Affirms Earnings Guidance for the Year 2022

Third quarter 2022 earnings released: EPS: US$1.79 (vs US$1.06 in 3Q 2021)

Harley-Davidson, Inc. to Report Q3, 2022 Results on Oct 26, 2022

Chairman recently bought Mex$20m worth of stock

Harley-Davidson, Inc. Approves A Cash Dividend for the Third Quarter of 2022, Payable on September 22, 2022

Director recently bought Mex$1.0m worth of stock

Harley-Davidson, Inc. Appoints Rafeh Masood to Board of Directors

Second quarter 2022 earnings released: EPS: US$1.47 (vs US$1.34 in 2Q 2021)

Harley-Davidson, Inc. Announces Resignation of Bryan Niketh as Senior Vice President of Product and Operations

Harley-Davidson, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Harley-Davidson, Inc. Appoints Tralisa Maraj as Livewire CFO

Upcoming dividend of US$0.16 per share

Harley-Davidson, Inc. Approves a Cash Dividend for the Second Quarter of 2022, Payable on June 17, 2022

First quarter 2022 earnings released: EPS: US$1.46 (vs US$1.69 in 1Q 2021)

Harley-Davidson, Inc. to Report Q1, 2022 Results on Apr 27, 2022

Harley-Davidson, Inc., Annual General Meeting, May 12, 2022

Upcoming dividend of US$0.16 per share

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Harley-Davidson, Inc. Provides Earnings Guidance for the Year 2022

Insufficient new directors

Harley-Davidson, Inc. Declares Dividend for the First Quarter of 2022, Payable March 18, 2022

Harley-Davidson, Inc. Appoints Erica Bullard as SVP Apparel & Licensing and Louise Goldin as Creative Director

Harley-Davidson Reveals Powerful New Grand American Touring, Cruiser and Cvo Motorcycles

H Partners Management, LLC Seeks Board Seat in Harley Davidson

H Partners Management Engages in Discussions with Harley-Davidson

Insufficient new directors

Third quarter 2021 earnings released: EPS US$1.06 (vs US$0.78 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$1.34 (vs US$0.60 loss in 2Q 2020)

Harley-Davidson Sportster Model Is an All-New Sport Custom Motorcycle Designed to Deliver A Thrilling Riding Experience and Ushers in A New Era of Sportster Performance

Upcoming dividend of US$0.15 per share

Independent Director has left the company

Harley-Davidson, Inc. Approves Dividend for the Second Quarter of 2021, Payable on June 25, 2021

Harley-Davidson Launches LiveWire

First quarter 2021 earnings released: EPS US$1.69 (vs US$0.46 in 1Q 2020)

Harley-Davidson Announces Its New Icons Collection