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Harley-Davidson shareholder H Partners looks to shake up board, Reuters reports

Investment firm H Partners, which holds a roughly 9% stake in Harley-Davidson (HOG), is preparing for a board fight to remove three directors at the company only days after urging the CEO to step aside immediately amid reduced sales and a stock price drop, Reuters’ Svea Herbst-Bayliss and Nilutpal Timsina report, citing a person familiar with the matter. The firm plans to run a withhold-the-vote campaign to push out CEO Jochen Zeitz and directors Thomas Linebarger and Sara Levinson at the May 14 annual meeting.

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