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Ladders

By Ladders

Ladders

By Ladders •

Lotus Restructures Its Usa Operations For Delivery Of 5 Year Plan

Lotus Restructures Its USA Operations For Delivery Of 5 Year Plan

In order to further streamline and realign Group Lotus operations worldwide, to meet

the new 5 year strategic business plan, (which includes 3 new models and a rapid

expansion of the Lotus Engineering technology business), effective today 18

September 2007, Michael J Kimberley has assumed the role of President and CEO of

Lotus Cars USA Inc (LCU) in North America, in addition to his existing role as CEO of

Group Lotus plc.

This rationalization brings the two organizations of Lotus Cars Limited and LCU closer

together to ensure optimal market input into the future new models and engineering

activity in the USA.

Bob Braner continues to support Lotus in a new role as consultant for lifestyle

marketing and special projects, reporting directly to Michael J Kimberley.

Michael J. Kimberley

Chief Executive Officer - Group Lotus Plc

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