Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On September 8, 2025, Jochen Zeitz provided LiveWire Group, Inc. (the "Company") notice of his decision to resign from the Board of Directors (the "Board") of the Company effective at the close of business on September 30, 2025, at the same time he retires from his positions at Harley-Davidson, Inc. ("H-D"). The Board extends its sincere gratitude to Mr. Zeitz for his many valuable contributions since the Company's inception, including his service as founding Chairman and Chief Executive Officer, during which he led the Company to become the first publicly traded electric motorcycle company.
The Company's Board of Directors expects to appoint Jonathan Root, a current director of the Company and the Chief Financial Officer and President, Commercial of H-D, to the position of Chairman of the Board, effective October 1, 2025.
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