Group Lotus’ controversial
and highly unpopular CEO Dany Bahar – the man credited with both spearheading Lotus’ return to F1 and simultaneously trashing the car brand with his poor strategic approach – has been suspended from his position, the car maker has announced.
Group Lotus’ parent company DRB Hicom has today issued a statement confirming his suspension, stemming from an internal investigation into a complaint made against him.
“Group Lotus PLC (‘Lotus’) can today confirm that, following an operational review, chief executive Dany Bahar has been temporarily suspended from his role to facilitate an investigation into a complaint about his conduct made by Lotus’ penultimate parent company, DRB-Hicom Berhad,” the statement reads.
The big question is what this announcement will mean for the future of the car company, which is already mired in a mountain of debts. The car maker is no longer a sponsor of the Lotus F1 team which bears its name.