Lotus CEO Dany Bahar Axed From Company

Stephen Elmer
by Stephen Elmer

After a recent suspension for misconduct, CEO of Lotus Danny Bahar has been officially cut from the company.

Lotus has been in the media a lot recently after the announcement that the company was supposed to be sold, followed by a rebuke and announcement that everything was fine. Then, word went out saying that production was halted indefinitely due to funding issues. Clearly a lot has been happening at the company, although most of it was held under relatively tight wraps.

Adding to the media frenzy surrounding Lotus is the dismissal of CEO Danny Bahar. There is no official word on why, the only clue we have is the ‘misconduct’ that he was suspended for. Apparently he was being investigated for refurbishing several personal houses on the companies dollar.

Lotus has already named Aslam Farikullah as the new CEO of the company.

Stephen Elmer
Stephen Elmer

Stephen covers all of the day-to-day events of the industry as the News Editor at AutoGuide, along with being the AG truck expert. His truck knowledge comes from working long days on the woodlot with pickups and driving straight trucks professionally. When not at his desk, Steve can be found playing his bass or riding his snowmobile or Sea-Doo. Find Stephen on <A title="@Selmer07 on Twitter" href="http://www.twitter.com/selmer07">Twitter</A> and <A title="Stephen on Google+" href="http://plus.google.com/117833131531784822251?rel=author">Google+</A>

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