News for Suppliers to the U.S. Automotive Industry
Ansar Ali replaced as CEO of Caterham
Years ago Caterham was just another kit-car company making "continuation" examples of the Lotus Seven. Now it's got its own LMP-style track car on the market, a new road car on the way, its own Formula One team, a composites division and an engineering consultancy. So who do you credit for the transformation? Ansar Ali. But he's on his way out.
Ali took over as managing director of Caterham in 2005 after he and his partners bought out the founders, and proceeded to expand the operation into the burgeoning conglomerate it is now. Last year, however, the company was taken over by Tony Fernandes, who paired it with what was then known as the Lotus F1 team (now branded as Caterham).
Despite Ali and Fernandes appearing to work well together since the change in ownership, Caterham has announced Ali's departure - ostensibly "by mutual consent", according to the announcement below. In his place, former CFO Graham Macdonald steps up as chief executive.
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