LiveWire appoints Karim Donnez as CEO, effective June 12, 2023

LiveWire Group, Inc.

Karim Donnez named CEO; succeeds Jochen Zeitz, who remains Chairman.
Donnez previously President of BRP's Marine Group; also held roles at Rio Tinto and Accenture.
Compensation: $600K base salary, 100% target cash incentive, 300% LTIP, $3M initial RSU grant vesting 3 years.
Appointment follows global search; effective June 12, 2023.

item 5.02 item 9.01

Executive movements

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Appointed

Karim Donnez

Chief Executive Officer

LVWR · LiveWire Group, Inc.

Effective: 2023-06-12
Filed: June 5, 2023, 7:59 PM ET

On June 5, 2023, LiveWire Group, Inc. (the “Company”) announced that the Board of Directors appointed Karim Donnez as the Company’s Chief Executive Officer, effective June 12, 2023.

Role change

Jochen Zeitz

Chairman of the Board of Directors

LVWR · LiveWire Group, Inc.

Effective: 2023-06-12
Successor: Karim Donnez
Filed: June 5, 2023, 7:59 PM ET

Mr. Zeitz will remain as Chairman of the Board of Directors.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Karim Donnez was appointed as Chief Executive Officer at LiveWire Group, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On June 5, 2023, LiveWire Group, Inc. (the “Company”) announced that the Board of Directors appointed Karim Donnez as the Company’s Chief Executive Officer, effective June 12, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jochen Zeitz changed role as Chairman of the Board of Directors at LiveWire Group, Inc..

Action: remains as Chairman and concluded Chief Executive Officer term
Role: Chairman of the Board of Directors

Exact text from the filing

Mr. Zeitz will remain as Chairman of the Board of Directors.

View on SEC.gov

LiveWire Group, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-160838

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