Peter Stevens Motorcycle Corporation
Peter Stevens Motorcycle Group, founded by Chiodo brothers Vince, Steve and Peter in 1970, has since January 31, 2023 completed the final phase of the family succession plan.
After Vince lost his battle with brain cancer in 2013, as well as Peter’s earlier retirement in 1995, the need for family planning became apparent.
To this end, Jessica Chiodo-Reidy (Vince’s daughter) sold all of her interest in the wholesale businesses, with John Chiodo taking full ownership and control of the Monza business in 2019 and Steve and his son Paul Chiodo take full ownership and control of PSI, Fox Racing Australia and PSI Cycling in 2021.
The retail businesses, Peter Stevens Motorcycles and Harley-Heaven, remain jointly owned by Steve and Jessica under the management of Darren Munro, Scott Ryan and Jason McKenzie.
As of January 31, 2023, Jessica Chiodo-Reidy has acquired 100% control and ownership of the retail businesses and related retail real estate portfolio through the acquisition of a 50% stake in the company. Steve Chiodo in both, completed the separation of retail and wholesale businesses. as family succession planning.
As part of the restructuring of the retail businesses at the board level, Jason McKenzie has been appointed director of Harley-Heaven, Scott Ryan as director of Peter Stevens Motorcycles, Geoff Mortimer as director. of Motorcycle Dealership Group and Ariane Hubay is the director of Motorcycle Dealership Group and Ariane Hubay. a director of Riders Finance Group.
Darren Munro, head of retail since 2011 and chief financial officer and retail operations officer in recent years, has taken on the role of CEO of retail group Peter Stevens. Darren brings his extensive experience to this role, including having been involved in the business in a variety of roles both internally and externally for nearly 30 years.
Darren Munro – CEO of Peter Stevens Retail
“We have an experienced and highly qualified senior management team, our retail stores benefit from the leadership of our experienced dealer principals, supported by All of our wonderful and valuable staff. After 52 years of the team’s presence in the motorcycle industry, Jess’s long-term investment in retail businesses will continue to help us (Peter Stevens and Harley-Heaven) continue to grow and prosper into the future. hybrid“.
Jessica Chiodo-Reidy
“I’m really proud of what my dad (Vince) and his siblings have achieved and I’m so happy to step into their huge shoes. I have always admired the way Dad treats our wonderful and dedicated staff like family, our suppliers like close business partners and our customers with kindness. and the utmost respect.
“Darren, Scott, and Jason are with me completely dedicated to perpetuating this great culture, along with our Agent Principals and with the help of everyone who makes up the Peter Stevens family and Harley-Heaven. I look forward to many years continuing to provide our customers with everything they need for travel in this exciting new chapter for our businesses.“.
