Lotus Fires CEO Dany Bahar

Lotus has issued a press release, confirming earlier reports that Mr Dany Bahar has been terminated from his employment as Chief Executide Officer at Lotus with immediate effect.

The decision was made by the Board of Group Lotus plc following the results of an investigation into a complaint made against him by the company’s penultimate holding company, DRB-HICOM Berhad.

Lotus has appointed Aslam Farikullah as the company’s Chief Operating Officer with immediate effect. We don’t know much about Mr. Farikullah. According to Lotus, Mr Aslam Farikullah is 51 years old and has over 26 years working experience, most of which was in the automotive industry. Where exactly was not mentioned.

Lotus did not reveal any details about the Bahar scandal, keeping his dismissal confidential. Different reports point out that he was fired for misuse of company funds…


RELATED POSTS

2015 Range Rover Sport R-S hits the Nürburgring with a new bright blue graphic wrap
Official: McLaren 12C discontinued, owners get a fee upgrade
Google self-driving car updated: focus on mastering city street driving
Watch the new smart fortwo vs Mercedes S-Class crash test
This is the coolest way to take delivery of a rare Ferrari LaFerrari
Dubai’s supercar filled fleet of police cars
Motorcycle trip ideas: Vegas to Frisco
Bentley reportedly already considering a second smaller crossover
Volvo S60 Cross Country saloon is a segment first and we love it
Jaguar’s production crossover will be badged F-Pace, arrives in early 2016
Rolls-Royce confirms a new vehicle that happens to be company's first SUV
New Jaguar XF all-wheel drive now available in UK
Tags: ,
CLOSE
CLOSE
linode.com