Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE:HOG) today announced that Matthew Levatich has stepped down as President and CEO and as a member of the Board of Directors. The Board of Directors has appointed current Board member Jochen Zeitz as Acting President and CEO. A committee of the Board will be formed, and the Company will utilize an external search firm to undertake a search for a new CEO, and a further announcement will be made at a later date. Levatich will assist with the transition through the end of March. As part of this leadership change, Jochen Zeitz has also been named Chairman of the Board and will remain Chairman once a new CEO is appointed. Current Chairman of the Board, Michael Cave, is now Presiding Director.

Here’s the rest of the story at Yahoo! Finance.

The post Harley President/CEO Levatich is Out appeared first on Motorcycle.com News.