Lotus head Mike Kimberley stepping down due to medical issues

Lotus head Mike Kimberley stepping down due to medical issues

Filed under: Etc., Lotus

Lotus has announced that Mike Kimberley will step down as the company's chief executive on July 17 due to health problems. Kimberly, who will turn 71 this August, has been enduring back problems for some time and has been advised by doctors to retire in order to maintain his long-term health. In an official statement, Kimberley announced:

"Sadly, it is on doctor's orders that I am stepping down but I will leave confident that Lotus is in great shape with a strong management team fully supported by our shareholder in Malaysia,"


In the interim, the Lotus Group's board members will assume control until a replacement for Kimberley is anointed with the bearing oil from a Lotus 25. Official press release after the jump.Continue reading Lotus head Mike Kimberley stepping down due to medical issues

Lotus head Mike Kimberley stepping down due to medical issues originally appeared on Autoblog on Wed, 15 Jul 2009 17:28:00 EST. Please see our terms for use of feeds.



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