Does Harley-Davidson Need a New CEO and Board?
As Harley-Davidson's (NYSE: HOG) sales enter their fourth year of decline, investors should ask whether the motorcycle maker needs a shakeup. The problem may not just be the soft industry in which it operates, but rather also the front office in Milwaukee. Maybe instead of 100 new models in 10 years, Harley-Davidson needs a new CEO and board of directors.
Investing legend Warren Buffett once noted, "You only find out who is swimming naked when the tide goes out," which is another way of saying that everyone looks like a genius in a bull market.
Image source: Harley Davidson.
Source: Fool.com