Lotus has confirmed that Dan Bahar has been officially terminated from his position as Chief Executive Officer of Lotus with immediate effect. The news comes just days after Bahar had been suspended from leading the company.
“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 said in a statement.
Lotus said that it had appointed Aslam Farikullah as the Company’s Chief Operating Officer with immediate effect.
“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,” said Dato’ Sri Haji Mohd Khamil Jamil, Group Managing Director of DRB-HICOM Berhad and also Chairman of Lotus. “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.”
– By: Omar Rana