LiveWire CEO Karim Donnez resigns; board forms restructuring committee, names Ankura's Roy Gallagher CRO

LiveWire Group, Inc.

Karim Donnez resigned as CEO of LiveWire Group effective October 21, 2026; the filing names no successor CEO.
Board added David Barse and Scott Nash on October 22; Barse gets $45,000/month plus $7,500 per diems; Nash, Harley-Davidson's GM of Quality, gets no extra pay.
New Special Restructuring Committee (William Cornog, David Barse) can negotiate and recommend financings, sales, restructurings or recapitalizations, and holds sole authority over conflict matters.
Roy Gallagher, 50, Ankura Consulting senior managing director, became Chief Restructuring Officer and principal executive officer on October 25; LiveWire pays Ankura $140,000/month.
Conflicts Committee dissolved; Q3 results due before market open October 29, 2026, with no LiveWire earnings call — Harley-Davidson will discuss the segment 8-9 a.m. CT.

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