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Peter Stevens Motorbike Group
The Peter Stevens Motorbike Group, based by the Chiodo brothers Vince, Steve and Peter in 1970, has as of thirty first of January 2023 accomplished the final stage of its household succession plan.
After Vince misplaced his battle with mind most cancers in 2013, in addition to Peter’s retirement earlier in 1995, the necessity to set up a household succession plan turned obvious.
To realize this Jessica Chiodo-Reidy (Vince’s daughter) offered all her pursuits within the wholesale companies, with John Chiodo taking full possession and management of the Monza enterprise in 2019 and Steve and his son Paul Chiodo buying full possession and management of PSI, Fox Racing Australia and PSI Biking in 2021.
The retail companies, Peter Stevens Bikes and Harley-Heaven, remained in Steve and Jessica’s joint possession below the administration of Darren Munro, Scott Ryan and Jason McKenzie.
As of thirty first of January 2023 Jessica Chiodo-Reidy has taken management and 100% possession of the retail companies and the related retail property portfolio by means of the acquisition of Steve Chiodo’s 50% shares in each, finishing the separation of the retail and wholesale companies in addition to the household succession plan.
As a part of the restructure of the retail companies on the board degree, Jason McKenzie has been appointed as a director of Harley-Heaven, Scott Ryan as a director of Peter Stevens Bikes, Geoff Mortimer as a director of Motorbike Dealership Group and Ariane Hubay as a director of Riders Finance Group.
Darren Munro, a director of the retail entities since 2011 and the retail operations and finance director over current years, has assumed the position of Chief Government Officer of the Peter Stevens Retail group. Darren brings his intensive expertise to the position together with having been concerned with the enterprise in numerous roles each exterior and inside for almost 30 years
Darren Munro – Chief Government Officer of the Peter Stevens Retail
“Now we have an skilled and effectively certified senior administration group in place, our retail shops profit from the management of our skilled seller principals, supported by all our valued and unbelievable employees. After the teams 52 years of being within the bike business Jess’s long-term funding into the retail companies will proceed to see us (Peter Stevens and Harley-Heaven) proceed to develop and prosper effectively into the long run”.
Jessica Chiodo-Reidy
“I’m actually happy with what Dad (Vince) and his siblings achieved and I’m excited to be getting into their very large footwear. I at all times admired how Dad handled our great and devoted employees as household, our suppliers as shut enterprise companions, and our prospects with the utmost kindness and respect.
“Darren, Scott, and Jason along with myself are fully devoted to retaining this unbelievable tradition alive, together with our Seller Principals and with the assistance of everybody who makes up the Peter Stevens and Harley-Heaven household. I’m wanting ahead to a few years of continuous to offer our prospects with all the things they want for the experience on this thrilling new chapter for our companies”.
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