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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.

I use the word suspended, even though that's not a term one would normally use when a CEO is removed from his post, however during the past few hours that's the phrase which has been used when I spoke to those people close to the matter.

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.