Bike maker Harley-Davidson on Thursday named Jochen Zeitz as chief government officer.
Zeitz has served as appearing president and CEO of the corporate since February 2020.
Phrase of the appointment cheered Wall Road, sending shares up 8.2 % early afternoon, at $21.17.
It was a much-welcomed piece of excellent information.
In April, Harley-Davidson laid off most of its international manufacturing workers.
Later that month, the corporate reported that quarterly revenue had slid 45 % amid the coronavirus epidemic.
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