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Harley-Davidson, Inc. today held its annual shareholder meeting at the Harley-Davidson Museum. Jim Ziemer, retiring Chief Executive Officer of Harley-Davidson, Inc., provided an update on business progress to more than 500 shareholders in attendance.
"We take great pride in the heritage of our company," Ziemer said. "And in the context of today's economic environment, we're especially proud of the fundamental durability of Harley-Davidson and the remarkable resilience that our people have demonstrated repeatedly over the past 106 years."
During today's meeting, the Company announced that the Harley-Davidson Board of Directors has elected current Director Barry Allen as Chairman of the Board, effective today. Allen, 62, succeeds Jeffrey Bleustein, who did not stand for re-election. Bleustein, 69, was Chairman for the past 11 years and a member of the Harley-Davidson Board for 13 years. He retired as CEO of Harley-Davidson, Inc. in 2005. Allen, a 35-year telecommunications executive, currently serves as Senior Advisor to Providence Equity Partners as well as President of Allen Enterprises. Allen has been a member of the Harley-Davidson Board for 17 years.
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