LiveWire Group, Inc. announced the resignation of CEO Karim Donnez and the appointment of Roy Gallagher as Chief Restructuring Officer (CRO), who will now serve as the company's principal executive officer. In conjunction with these leadership changes, the Board has formed a Special Restructuring Committee to evaluate and negotiate potential strategic transactions, including financing, sales, or a recapitalization.

Key Details

  • CEO Resignation: Karim Donnez resigned as Chief Executive Officer, effective October 21, 2026.
  • CRO Appointment: Roy Gallagher of Ankura Consulting Group was appointed Chief Restructuring Officer, effective October 25, 2026. He will report to the new committee and act as the principal executive officer.
  • Special Restructuring Committee: A new committee was formed to explore strategic transactions for the company. It has the authority to review, negotiate, and recommend potential financing, sales, or recapitalizations.
  • Board Appointments: The company appointed two new directors, David Barse and Scott Nash, to the Board, effective October 22, 2026.