MILWAUKEE (AP) – Harley-Davidson’s CEO is leaving the struggling motorcycle maker.
The Milwaukee company announced that Matthew Levatich will leave his post and seat on the company’s board of directors.
Board member Jochen Zeitz will become acting president and CEO.
He’ll have that role while a board search committee is formed and Harley hires an outside search firm to find a new leader. Levatich will stay on through March to assist with the transition.
Harley has been struggling with declining sales in the U.S., its biggest market, as it tries to adapt to an aging customer base while looking to expand markets overseas.
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