Another Harley Thread

[Frulk_imp]

Upside is it’s much easier to clean a small , smooth shield than an instrument cluster covered with bug guts.

[peterbaron]

^^ +1 ^^

[the Ferret]

read recently that Harley laid off 700 employees and their CFO

[Frulk_imp]

Obviously Harley had some issues prior to the Covid19 pandemic and the current business environment isn't making things any better for the MoCo.

After reading about the lay-offs in Ferret's post above I searched for and read the article.

1). Harley is replacing their top financial guy with someone that ran a sneaker company. The previous guy came to Harley via being a comptroller for Kraft foods. Something tells me with or without him the company would have been profitable through the past 17 years. For the company's past year performance he received":

John A. Olin made $3,309,966 in total compensation. Of this total $671,375 was received as a salary, $816,325 was received as a bonus, $0 was received in stock options, $1,746,053 was awarded as stock and $76,213 came from other types of compensation. This information is according to proxy statements filed for the 2019 fiscal year.

He received more in a performance bonus then he got for his base pay in a DISMAL sales year.

Now a tennis shoe exec is up next:

Jochen Zeitz (born April 6, 1963 in Mannheim, Germany) is the President, CEO and Chairman of the Board of Harley Davidson, Inc.[1] He served as the Chairman and CEO of PUMA, the global Sporting Goods company for 18 years. He also served as Board Member of Kering, the luxury goods company, and chaired their Sustainability Committee for whom he developed its global sustainability strategy. In addition to this Zeitz also served on the board of Wilderness Safaris. Zeitz is currently a Board Member of Harley Davidson, Cranemere, and the Kenya Wildlife Service (KWS). Jochen Zeitz is also the co-founder of The B Team[2] with Sir Richard Branson and Founder of the Zeitz Foundation to support sustainable solutions that balance conservation, community, culture and commerce.

He had a great run at PUMA. Will be interesting to see what happens now at the MoCo. For myself, I'm betting not much. Sustainability and Green are all over his bio. The MoCo's bread and butter motor platform runs counter to that.

[peterbaron]

Any job loss is a sad story, for employer, employees, their families and community

[Houtman_imp]

Personally I think that it will be a VERY tough road ahead for Harley , in sales and in stock price. I hope that I am wrong but I have NEVER been wrong before....

[the Ferret]

I read today that Harley stock was back in the buy column and doing very well today selling at $ 28,27 up 5.52%

[Houtman_imp]

I have always taken stock buying / selling recommendations with a pinch of salt , sometimes the person/company has an alternative motive .I prefer to make my own mistakes but have done very well over the years in the stock market.

[Stichill_imp]

Why do Harley riders always disparage the Sportsters?

Re: VLJ's comments on wind "protection": in 2018 three buddies and I rented two Road Glides and two Street Glides in Texas. All four riders of greatly different statures experienced horrible buffeting from their bikes. The fairings and windscreens were worse than worthless. I was annoyed because I had reserved a naked Fat Boy but was handed a Street Glide. I also tried every OEM windscreen on my Triumph Thunderbird and none of them were satisfactory. The tallest screen was the least offensive in terms of buffeting but it was terrible in hot weather (no air flow) and disastrous in rain (again, no air flow to clear your visor).

I just rode 1200 miles on a naked bike and had no problems with or annoyance from the slipstream, even when passing slow traffic at >90 mph.

[TXBikerGuy]

Why do Harley riders always disparage the Sportsters?

Re: VLJ's comments on wind "protection": in 2018 three buddies and I rented two Road Glides and two Street Glides in Texas. All four riders of greatly different statures experienced horrible buffeting from their bikes. The fairings and windscreens were worse than worthless. I was annoyed because I had reserved a naked Fat Boy but was handed a Street Glide. I also tried every OEM windscreen on my Triumph Thunderbird and none of them were satisfactory. The tallest screen was the least offensive in terms of buffeting but it was terrible in hot weather (no air flow) and disastrous in rain (again, no air flow to clear your visor).

I just rode 1200 miles on a naked bike and had no problems with or annoyance from the slipstream, even when passing slow traffic at >90 mph.

You mean the girl bikes? I’ve always wondered that myself. I had a VROD for a number of years and had Harley guys tell me it wasn’t a “real” Harley because Porsche designed it. There’s an intramural hierarchy in the HD world for sure.


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