HOG - Harley-Davidson adds H Partners rep to its board
Harley-Davidson (NYSE:HOG) said it struck a deal with major shareholders H Partners. As part of the agreement, H Partners' Jared Dourdeville joined the company's board of directors and been appointed to the Human Resources Committee and the Nominating and Corporate Governance Committee. H Partners increased its stake in Milwaukee-based Harley-Davidson (HOG) to 8% last December. At that time, the activist investor expressed concerns on Harley-Davidson's executive compensation structure, governance practices and composition of the board. H Partners also pushed for a board seat. Shares of Harley-Davidson (HOG) fell 0.11% in premarket action on Thursday to $33.11. See the advanced chart.
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Harley-Davidson adds H Partners rep to its board