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Lotus boss Dany Bahar dismissed

PUBLISHED: 07:36 08 June 2012 | UPDATED: 11:35 08 June 2012

New CEO of Lotus Group PLC Dany Bahar.
Photo: Angela Sharpe
Copy: Matthew Sparkes
For: EDP/EN
Archant pics © 2009
(01603) 772434

New CEO of Lotus Group PLC Dany Bahar. Photo: Angela Sharpe Copy: Matthew Sparkes For: EDP/EN Archant pics © 2009 (01603) 772434

Archant © 2009

Group Lotus confirmed this evening that chief executive Dany Bahar has been dismissed with immediate effect.

Mr Bahar was temporarily removed from his £1.2m post a fortnight ago following a meeting with the bosses of DRB-Hicom in Malaysia, and a complaint into his conduct made by the conglomerate.

The company said in a statement tonight: “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 has also announced the appointment of Aslam Farikullah as the company’s chief operating officer with immediate effect.

Mr Aslam has more than 26 years experience in the automotive industry.

For the full story, see Friday’s EDP.

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