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Posted on November 1, 2013
The Telegraph

Graham Macdonald has today been appointed as the new CEO of the Caterham Group, taking the reins from Riad Asmat and assuming responsibility over all arms of the group, including F1.

Macdonald, previously CEO of Caterham Cars, will now oversee a range of aspects, including the Formula One team and Mike Gascoyne’s Technology and Composite departments.

The Scotsman has taken charge at an exciting time for the Oxfordshire based group, with an array of ventures taking place across a broad range of markets. The introduction of a new Caterham road car and an SUV, paired with airline projects and a Moto2 team for 2014 are set to keep Macdonald busy.

“The last year has been a whirlwind for me at the head of Caterham Cars and I’m honoured to be asked to elevate my role for the whole of the Caterham Group,” said Macdonald of his new role. “Caterham is going through a revolution in terms of its brand proposition and status so to be at the forefront of that change is a once-in-a-lifetime opportunity for me.”
 
After parting company with Riad Asmat, the Caterham Group Chairman Tony Fernandes believes Macdonald is the right man to help the group evolve during a busy period for them.

“In the short time that Graham has been at the helm of Caterham Cars in what is a fascinating period of change for the brand, he has been a dynamic and steadfast leader,” added Fernandes. “His experience and dedication is exactly what we now need to drive the Group forward into its next, exciting chapter.”
 

Graham Macdonald Becomes CEO of Caterham Group
8 Responses

  1.   1. Posted By: Steve
        Date: November 1st, 2013 @ 9:17 pm 

    What happened to Riad?

    [Reply]

    Steve Hindle Reply:

    Riad is still Head of Caterham Automotive (which oversees “Caterham Cars” and “CTI”).

    So this suggests that Graham (CEO of “Cars”) reports to Riad (CEO of “Automotive”) who in turn reports back to Graham (as CEO of “Group”). Meanwhile, Tony continues to make all the strategic decisions but now has two lieutenants to carry his bags.

    “Confused? You won’t be, after this week’s episode ….”

    [Reply]

    Toleman fan Reply:

    (OT)

    > “Confused?…”

    Enjoying the “Soap!” reference. Still remember the Billy Crystal character’s dialogue triumph in the courtroom scene:
    Attorney: “Are you a practicing homosexual?”
    Crystal: “No. I’m very good at it.”
    And I still remember sitting in front of the TV, thinking “did they really just broadcast that?!?”

    [Reply]

    petes Reply:

    Wonder if he got a ‘thanks for coming?’
    Certainly didn’t stick around long.

    [Reply]


  2.   2. Posted By: Duncan Conway
        Date: November 1st, 2013 @ 9:30 pm 

    I still don’t see the need for the Moto2 team, what are the airline projects?

    Is like to see them do well in f1 and concentrate on their road cars.

    [Reply]


  3.   3. Posted By: Rick
        Date: November 2nd, 2013 @ 1:05 am 

    I was reading this earlier and can not work out how Cateram can run an F1 team with only 18 million Pounds of revenue. How do they do it James?

    http://www.thisismoney.co.uk/money/markets/article-2478449/Sports-car-manufacturer-Caterham-races-red.html

    [Reply]

    James Allen Reply:

    They don’t. The F1 operates on around £80 million, separate from car company

    [Reply]


  4.   4. Posted By: Aero.Racer
        Date: November 3rd, 2013 @ 6:26 pm 

    So he’s overseeing F1, moto2, airline projects, a new road car, and an SUV? Dany Bahar would have also been a good choice for someone seasoned at doing everything and nothing at the same time.

    [Reply]

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