Harley-Davidson Announces Executive Changes
MILWAUKEE, May 1, 2009 -- Harley-Davidson, Inc. announced today that John Olin, the Motor Company's Vice President and Controller, will take on the added responsibility of interim Chief Financial Officer for Harley-Davidson, Inc. and that Perry Glassgow, the Company's Vice President and Treasurer, will also serve as the interim President of Harley-Davidson Financial Services (HDFS), effective immediately.
The appointments follow the departure of Harley-Davidson's CFO and HDFS interim President Tom Bergmann, who is leaving to seek other career opportunities. Bergmann joined Harley-Davidson in 2006.
The Company also announced that it has named Mark Kornetzke, currently Senior Director, Financial Reporting, as the Company's Chief Accounting Officer.
Olin brings more than 25 years of financial leadership to the interim CFO role. Before joining Harley-Davidson in 2003, Olin served for 12 years in various financial roles at Kraft Foods, Oscar Mayer Foods and Miller Brewing Company, including his responsibilities as controller of Kraft Foods' cheese division. Earlier in his career, he held positions with financial services and specialized consulting firms including Ernst & Whinney (now Ernst & Young). Olin also is a Certified Public Accountant (CPA).
Glassgow joined HDFS in 1992 and has held progressively senior-level positions within HDFS, including Controller and Treasurer, before being named Harley-Davidson, Inc. Treasurer in 2007. Kornetzke, who also holds a CPA designation, is a 13-year veteran of the Company. Before joining Harley-Davidson, Kornetzke was a senior auditor with Deloitte & Touche LLP.
"We are fortunate to have these well-experienced leaders who are deeply knowledgeable and highly involved in our business assume these critical roles as we conduct an internal and external search for these two key positions," said Keith Wandell, Harley-Davidson, Inc. President and Chief Executive Officer. "We also wish to thank Tom for his many contributions to our business and wish him well in his future endeavors."
Harley-Davidson, Inc. is the parent company for the group of companies doing business as Harley-Davidson Motor Company (HDMC), Buell Motorcycle Company (Buell), MV Agusta and Harley-Davidson Financial Services (HDFS). Harley-Davidson Motor Company produces heavyweight custom, touring and cruiser motorcycles. Buell produces premium sport performance motorcycles. MV Agusta produces premium, high-performance sport motorcycles sold under the MV Agusta(R) brand and lightweight sport motorcycles sold under the Cagiva(R) brand. HDFS provides wholesale and retail financing and insurance programs primarily to Harley-Davidson and Buell dealers and customers.