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McLaren may be courting Zak Brown for CEO role
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Leading Formula 1 commercial figure Zak Brown is rumored to have been contacted by McLaren and offered to succeed current chairman and CEO Ron Dennis when the latter's contract expires at the end of this year. It is thought that Ron Dennis's position with the McLaren group has come under threat with the 69-year-old manager being told by the company's board that his contract shall not be renewed when it expires at the end of this year. Follwoing an ongoing power struggle, Dennis, a 25% shareholder of McLaren, may have been pinned in a corner by long-time associate Mansour Ojjeh and Bahrani sovereign wealth fund Mumtakakat who jointly own 75% of the British company. It...
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