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Mark H

By Mark H

Mark H

By Mark H •

Lotus Appoints Chief Operating Officer - Confirms Dismissal Of Dany Ba

Group Lotus plc (“Lotus” or the “Company”) can today confirm that, Mr Dany Bahar has been terminated from his employment as Chief Executive Officer of 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.

The Company today also announced the appointment of Mr Aslam Farikullah as the Company’s Chief Operating Officer with immediate effect. Mr Aslam, aged 51, has over 26 years working experience, most of which was in the automotive industry. He graduated from University of Bath, England with a Bachelor of Science (Hons) in Engineering. A British permanent resident, Mr Aslam and his English wife of 27 years have three children aged 26, 22 and 16.

Dato’ Sri Haji Mohd Khamil Jamil, Group Managing Director of DRB-HICOM Berhad and also Chairman of Lotus said: “I would like to assure you that we remain committed to ensure the ongoing and future business operations of the Lotus Group as we take the Lotus Group to the next level to remain relevant in the global automotive industry. I look forward to bringing mutual benefits to not only DRB-HICOM and PROTON Holdings Berhad but also the Lotus Group and its employees as well as contribute to the growth of the British automotive industry.”

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darryl

shame thought DB did a good job moving Lotus up market; thought that DRB may have found a way of slapping DB's wrist without it coming to this; but obviously may not think same if it transpires something underhand was going on??

 

good luck to new CCO hope he manages to keep some of the big names at Lotus that DB brought in; and hopefully will continue with the Esprit and with at least 1 or two other cars from the Paris 5 dont think Lotus need another high level reveiw etc then a new 5year plan

 

wish DB well in what ever he turns to next; and hope Mr Aslam gets the support that Lotus cars and the workforce desperately need right now

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