Lotus CEO Dany Bahar Sacked

It is being reported that the Board for Group Lotus plc have chosen to terminate the contract of company CEO Dany Bahar after a 2 week suspension following an internal complaint.

Although the full details have yet to be disclosed it is believed to centre around excessive expenses racked up by the former Red Bull and Ferrari executive during his 3 years at the helm of Lotus.

At this stage it appears the board has appointed DRB-HICOM’s Head of Vehicle Manufacturing Projects, Aslam Farikullah, to replace him.

Source: EDP24 – Lotus boss Dany Bahar dismissed
Discussion: SELOC Chat – Bahar sacked!

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