Friday, April 23

HARLEY POSTS LOSS

HARLEY Davidson posted a loss of $US218.7 million in the final quarter of 2009, its first quarterly loss in 16 years.

Meantime, Harley Davidson chief executive officer Keith Wandell banked a pay package of $US6.4 million for his first eight months on the job, according to an Associated Press (AP) report which quoted "regulatory filings."

According to the AP report, Wandell was paid a base salary of $US650,025, plus a bonus of $US780,000, as well as stock options of $US4.9 million at the time they were issued, as well as other "compensation".