Caterham Group, the parent company of Caterham Cars, Caterham F1 Team, Caterham Composites and CTI (Caterham Technology & Innovation) has today confirmed that Graham Macdonald, previously CFO of Caterham Cars will step up to the role of CEO after current Chief Executive Officer Ansar Ali leaves the business by mutual consent.
This is a story that resonates strongly with me. As an advisor to many people over the years, one of the most valued qualities I hear from CEO’s and business leaders is their need to find someone who will tell them how things ‘really’ are. ‘Yes Men’ are all too easy to acquire, and the higher you climb, the less likely anyone will actually tell you the whole truth.
I heard on the grapevine this morning that motorsport writers, David Tremayne and Joe Saward have joined Ansar Ali and Tony Fernandes on the board of Caterham Group.
The old guard continue to change at Williams GP, first Patrick Head steps down in December and now Frank Williams, who has resigned from the Board at the end of this month.