Former CEO Dany Bahar at the Lotus factory in Hethel, England. Photo by Donald Milne.
Danny Bahar officially out at Lotus
Bahar's recent suspension over 'conduct' has now led to his termination.

LOTUS APPOINTS CHIEF OPERATING OFFICER - Confirms dismissal of Dany Bahar

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."

Source [Lotus]

 

Major Relief. The first right move by Lotus. Now cut Mansory program please...

 

I liked his vision and choice of future product. Hope Lotus can return to form

 

Bahar definitely put Lotus back in the map again.

Some say that he was too much show off and too focused on the marketing side of the business. I think that with the right team, to plan and execute his vision Lotus could be back at the game.

On other side, with the new funding from the Malaysians a more conservative executive with a wider vision of the industry could be a better choice.

I guess they could put the cost of Bahar projects in the advertising budget because, at least they raised the profile on a very forgotten company.

 

Agreed.

 

Updated with official release.

 

Ferrari will behappy