Jochen Zeitz CEO of Harley-Davidson
In Good Company with Nicolai Tangen
Norges Bank Investment Management
4.7 • 236 Ratings
🗓️ 15 June 2022
⏱️ 25 minutes
🧾️ Download transcript
Summary
In this episode Nicolai Tangen talks to Jochen Zeitz, CEO of Harley-Davidson. They discuss electrification, CEO pay, employee stock ownership and Jochen even shares his favourite place to ride a motorcycle!
The production team on this episode were PLAN-B's Tor-Erik Humlen and Olav Haraldsen Roen. Background research were done by Sigurd Brekke and Bård Ove Molberg with additional input from our portfolio managers Arnab Seal and Trym Torvund.
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Transcript
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| 0:00.0 | So, Jochen, very welcome to this podcast. It's just such a pleasure to have you on. |
| 0:25.6 | Thanks for having me. |
| 0:26.9 | Perhaps we can just start by asking you, what does Harley Davis mean? What's in that brand? |
| 0:33.2 | Well, it's one of the most iconic brands in the world. It's been around for 119 years and it stands for a lot of things. |
| 0:41.2 | And in particular, the freedom to ride, getting on the road and having adventure. |
| 0:47.5 | That's what we say, freedom for the soul. |
| 0:49.4 | And adventure is really what makes Harley an extraordinary brand that is highly desirable in a global |
| 0:57.3 | context. |
| 0:58.3 | And you're a biker yourself? |
| 1:00.0 | I am. |
| 1:00.5 | I grew up, started riding when I was 16, and then stopped like many do once I had my |
| 1:07.8 | university degree and started working and then went back into |
| 1:11.8 | cut back into writing in my 30s and I've been writing ever since. |
| 1:15.4 | Yeah. |
| 1:16.2 | Now, what's happening to the riders, you know, the age group and average age and so on? |
| 1:23.1 | Well, you know, we've had many, many generations of riders. |
| 1:27.0 | As I said, the brand, the company was founded in 1930s. |
| 1:32.3 | So next year is our 120th anniversary, which is quite extraordinary for such an American icon. |
| 1:38.3 | And so it's gone through, you know, many ups and downs to two world wars, the great recession, depression, |
| 1:46.5 | and we've always come out of it on top. So there are, you know, many generations that identify |
| 1:51.5 | with Harley Davis as a company and with writing itself. And, you know, we obviously always have |
| 1:57.2 | to make sure that we get new customers, new people converted to riding as others |
... |
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