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4-Traders Homepage  >  Equities  >  Nyse  >  Harley-Davidson Inc    HOG

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Harley Davidson : Appoints New Directors to Board

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02/23/2017 | 02:01pm CET

MILWAUKEE, Feb. 23, 2017 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HOG) announced today the appointment of Troy Alstead and Allan Golston to the company's board of directors, effective immediately. Alstead is retired from Starbucks Corporation where he most recently served as chief operating officer, and Golston is the president of the U.S. Program for the Bill & Melinda Gates Foundation.

"We are delighted to have two new talented professionals join our board," said Michael Cave, non-executive chairman of the board of Harley-Davidson. "Troy and Alan bring valuable skills and have important perspectives as leaders in their fields that will be assets to the company."

Alstead is founder of Harbor O5 and the Ocean5 Foundation. He worked for Starbucks for more than 24 years in finance, operations management and international business roles. Prior to joining Starbucks, Alstead held various finance roles at NCR Corporation and Egghead Software. Alstead is on the board of directors of Levi Strauss & Co. and TopGolf.

Golston, who has been with the Bill & Melinda Gates Foundation since 2000, previously served as its chief financial officer and chief administrative officer. He is a certified public accountant and has held positions with Swedish Health Services in Seattle and the University of Colorado Hospital. Golston is a member of the board of directors of Stryker Corporation, and is a member of the Stryker Corporation Audit Committee.

The appointment of Alstead and Golston by board action brings the total number of directors to 13. Their terms will expire at the company's 2017 annual meeting of shareholders.

Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Since 1903, Harley-Davidson Motor Company has fulfilled dreams of personal freedom with custom, cruiser and touring motorcycles, riding experiences and events and a complete line of Harley-Davidson motorcycle parts, accessories, general merchandise, riding gear and apparel. Harley-Davidson Financial Services provides wholesale and retail financing, insurance, extended service and other protection plans and credit card programs to Harley-Davidson dealers and riders in the U.S., Canada and other select international markets. For more information, visit Harley-Davidson's website at www.harley-davidson.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harley-davidson-appoints-new-directors-to-board-300410399.html

SOURCE Harley-Davidson, Inc.

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Financials ($)
Sales 2017 5 315 M
EBIT 2017 1 046 M
Net income 2017 684 M
Debt 2017 5 329 M
Yield 2017 2,59%
P/E ratio 2017 14,20
P/E ratio 2018 13,17
EV / Sales 2017 2,88x
EV / Sales 2018 2,76x
Capitalization 9 974 M
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Mean consensus HOLD
Number of Analysts 23
Average target price 57,3 $
Spread / Average Target 1,3%
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Managers
NameTitle
Matthew S. Levatich President, Chief Executive Officer & Director
Michael J. Cave Non-Executive Chairman
Michelle A. Kumbier Senior VP-Motor Company Product & Operations
John A. Olin Chief Financial Officer & Senior Vice President
Donald A. James Director
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