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Archive for April 2nd, 2020

The 38th year of the largest motorcycle gathering on the west coast was scheduled for April 23-26th.

Earlier, the longstanding promoter of the event, Dal-Con Promotions, had no plans to return in 2020 and went “dark.”  In January, the motorcycle rally status, which draws tens of thousands of riders to Laughlin every year, wasn’t clearly known and the local chamber of commerce declared it OFF and removed it from the organization’s event calendar.

News reports surfaced in late February that Jerry Jackson, of Five Star Exhibits, Inc., negotiated and acquired the intellectual rights — including the rights to the trademarked Laughlin River Run title and the event was back on.  Although, Five star Exhibits stated they were not a promoter of events and would not contract with entertainers and/or food and beverage concessionaires.  The web site was refreshed with new information, but without a promoter, motorcycle enthusiasts were expecting a different experience from past years.

Due to the COVID-19 pandemic the Laughlin River Run has officially been CANCELLED.

It’s disappointing not to be able to enjoy this time in our lives with other motorcycle enthusiasts, but the health and well-being of everyone is paramount.

Photo courtesy of Five Star Exhibits

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“Top-Dogs” Existing Harley-Davidson

Companies often don’t announce their troubles in advance — it’s a strategy that prevents mass exodus. But, when “top dogs” start leaving a company in packs, it’s probably time for you to consider the same.

The latest Harley-Davidson departure is senior vice president and chief operating officer Michelle Kumbier. In a filing with the U.S. Securities and Exchange Commission, Harley-Davidson did not disclose a reason for her departure, which is set for April 3rd.

For Harley-Davidson workers, the question of whether—and how long—to stick with a beleaguered employer is one that hits plenty of people at one time or other. Deciding whether to stay or go is always a tough call, and compounding the decision this year is that COVID-19 is an equal opportunity offender for job displacement.

A number of high-ranking executives have left Harley-Davidson in the span of six months:

  • October 2019 — Neil Grimmer was removed from his post as president of global brand development following an investigation that the company said showed violations of the company’s code of conduct.
  • October 2019 — Heather Malenshek, who was chief marketing officer and senior vice president, marketing and brand, left the company.
  • November 2019 — Paul Jones left his role as vice president, chief legal officer, chief compliance officer and secretary of Harley-Davidson.
  • February 2020 — president and CEO Matt Levatich announces his departure, but the hedge fund, Impala, stated he was fired by the board.
  • March 2020 — senior vice president and chief operating officer Michelle Kumbier leaves the company.

The motor company announced that Bryan Niketh has been promoted to senior vice president of product and operations and will assume Kumbier’s former responsibilities. Kumbier’s global sales responsibilities as chief operating officer will be assumed by acting president and CEO Jochen Zeitz.  In addition, assistant general counsel Paul Krause, who has been serving as interim chief legal officer, has been hired for the role permanently.

Harley’s drip, drip, drip of declining sales is well-trodden media territory.  If negative media coverage is unrelenting, the business stands little chance of bouncing back very soon.

I’m not going to pretend that this is easy stuff, especially given all the uncertainty. The lockdown situations in the U.S. and abroad in markets like Italy, Spain and France, will clearly impact Harley’s production and sales.  And after lifting a two-month or more lockdown are there going to be any buyers if there is a sharp recession or are people going to curtail their discretionary spending given “respectful exits” and the economic consequences?

Harley-Davidson needs to nail the fundamentals and it’s now more important than ever to continue to develop and produce amazing new products.

Photos credit: Patrick J. Endres

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