LiveWire CEO Karim Donnez resigns; new restructuring committee and chief restructuring officer named
LiveWire Group's chief executive, Karim Donnez, resigned effective October 21, 2026. The board added two directors and formed a Special Restructuring Committee with authority over any financing, sale, restructuring or other strategic transaction, and that committee appointed Roy Gallagher of Ankura Consulting as Chief Restructuring Officer, reporting as the principal executive officer. The filing points to a possible restructuring, though it does not state the company's financial condition or any specific transaction, and it does not report quarterly results.
Key points
- Karim Donnez resigned as CEO effective October 21, 2026
- Roy Gallagher appointed Chief Restructuring Officer effective October 25, 2026; Company pays Ankura a monthly fee of $140,000 for his services
- Special Restructuring Committee formed October 22, 2026 with authority over financing, sale, restructuring and other strategic transactions
- Third quarter financial results to be released before market hours on October 29, 2026
The filing
Written by AI on Nov 9, 2026, 11:45 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.