LiveWire, Harley-Davidson's electric bike spinoff, names restructuring officer
After its CEO resigned, LiveWire has brought in Roy Gallagher of Ankura Consulting to lead a restructuring. According to WSJ, the shares fell about 2%.
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what happened
LiveWire, the electric motorcycle company spun off from Harley-Davidson, will undertake a restructuring after its chief executive, Karim Donnez, stepped down last week. The Wall Street Journal reports that Roy Gallagher, a senior managing director at Ankura Consulting Group, has been named chief restructuring officer.
Gallagher will serve as LiveWire's principal executive and will report to a newly formed special restructuring committee. LiveWire shares dropped about 2% on the news.
why it matters
Full-size electric motorcycles remain a hard sell in the U.S., as high prices and limited range hold back demand while young riders increasingly opt for cheap Chinese-made electric dirt bikes. For investors the story is a sign of the niche's difficulties, but the direct impact falls mainly on LiveWire itself.
tags
instruments
sources
- Under the Radar: Harley-Davidson's Electric Bike Spinoff Appoints Restructuring Officer — WSJ, 26 October 2026 at 19:04 UTC
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