Harley-Davidson Starts Reorganization, Names New CEO
Wondering what's the reason? Harley-Davidson hasn't said too much about the move but explained that Ziemer is retiring from the company. Although we're not sure this is the real reason, Harley-Davidson was one of the motorcycle manufacturers that struggled to cope with the recession, as the economic turmoil forced the company turn to job cuts. Harley announced in mid-January that, in addition to a 1,100-job cut, it might also shut down production at several plants, as part of a broader campaign to save costs.
"We reduced our production levels prudently in 2008, helping our dealers achieve lower inventory levels," Jim Ziemer, the company's outgoing chief executive said in a statement, "and we're going to show similar discipline in 2009."
Getting back to today's upper management rank shifting, Harley-Davidson, Inc. Board Member Barry K. Allen expressed his full confidence that Wandell is the right man for this job.
"Keith Wandell is a seasoned global business leader who brings tremendous energy, passion, and organizational and talent development capability to his job as Harley-Davidson's new chief executive," he said. "His vision and values make him a great fit, and he is absolutely the right person to now lead Harley-Davidson on its exciting journey."