MILWAUKEE, Feb. 1 /PRNewswire-FirstCall/ — Harley-Davidson, Inc. (NYSE: HOG) announced today the selection of Saiyid (Sy) T. Naqvi as President of Harley-Davidson Financial Services, Inc. (HDFS). Mr. Naqvi assumes the post effective today.
Mr. Naqvi, 57, joins HDFS from DeepGreen Financial, Inc., an online home equity lender, where he was President and Chief Executive Officer. He has held a range of executive and management positions in the financial services arena, including: President and CEO of Setara Corp., a consulting firm specializing in business process outsourcing for financial services firms; President and CEO of PNC Mortgage Corp.; and President and Chief Operating Officer of Sears Mortgage Securities Corp.
Mr. Naqvi holds a Bachelor of Science degree in chemistry from the University of Missouri and an MBA from Southern Illinois University.
According to Jim Ziemer, President and Chief Executive Officer of Harley- Davidson, Inc., “We are pleased that our search to fill this important position has brought Sy and HDFS together. He has a solid track record for growth and innovation in the organizations he has led and brings a skill set that will be an excellent complement to the team already in place in the organization.”
Larry Hund, who had been serving HDFS in the additional role of Acting Chief Operating Officer since August 2006, will continue with the organization in his existing role as HDFS Vice President of Operations and Chief Financial Officer.
Harley-Davidson, Inc. is the parent company for the group of companies doing business as Harley-Davidson Motor Company, Buell Motorcycle Company and Harley-Davidson Financial Services. Harley-Davidson Motor Company, the only major U.S.-based motorcycle manufacturer, produces heavyweight motorcycles and offers a complete line of motorcycle parts, accessories, apparel, and general merchandise. Buell Motorcycle Company produces sport motorcycles. Harley- Davidson Financial Services provides wholesale and retail financing and insurance programs to Harley-Davidson dealers and their retail customers.