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| Kimberley confirmed as Lotus CEO |
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The confirmation of Mike Kimberley's appointment as Group Lotus CEO was made by the Lotus Group International Limited (LGIL) holding company board on 20 September at the same time as Mr Kimberley was outlining the sports car maker's new strategic five-year business plan.
A highlight of the plan, which has the holding company board's full support, is the introduction of a new mid-range Lotus set for launch in December 2008 and a Lotus/Proton high performance model, due in May 2008.
Mike Kimberley was the managing director of Lotus in the Colin Chapman era and took over as CEO after Chapman's tragic death in 1982. The holding company invited him to return to Lotus in May this year as acting CEO to review the Group business and operations.
Kimberley said: "I'm honoured that the main Proton holding board has put their faith in me. Lotus has always shown great innovation and vision; as a team at Lotus, we are all determined to realise the company's full potential and justify Proton's confidence in us."
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Source : http://www.autoindustry.co.uk
(10/11/2006)
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