Mahaleel’s Job On The Line

June 30, 2005 at 5:36 pm · Filed under Cars

Proton Holdings Bhd is holding an emergency board meeting today (June 30th 2005) over it’s CEO’s criticisms against the government’s automotice policy in the Oriental Daily newspaper. Details here and here.

Is this the end of Tengku’s career at Proton?

The results of the meeting is yet to be known but we may see the potential sacking of Mahaleel as CEO. He’s already survived 2 attempts before this, of which it is believed that Proton’s advisor Tun Mahathir intervened to make sure he stayed in the CEO’s seat.

Well, at least Mahaleel will not be without a job. He is still a non-executive director of Nestle (Malaysia) Bhd, the company which he began his career as a marketing representative in back in 2005. From cars, back to cornflakes.

Let’s all hope Proton gets it’s own Carlos Ghosn. He did wonders for ailing Japanese car manufacturer Nissan.

Tengku Mahaleel is out of the country at the moment.

For full details, read this report from The Edge Daily, Yahoo Finance

Source: Proton Board To Sack Mahaleel? (The Edge Daily)

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5 Comments »

jonahdiary said,

June 30, 2005 @ 6:46 pm

there will be no different even if mahaleel replaced by others. same as there was no different either bush or kerry won in the election.
Bigjoe said,

July 1, 2005 @ 11:15 am

You are right. Proton should get an experienced foreign CEO. Cut the Malaysia Boleh bullshit and get on with the job. No use protecting something that will be dead eventually for pride only.
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July 2, 2005 @ 2:08 am

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July 2, 2005 @ 2:43 am

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