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An executive committee made up of McLarens majority shareholders will take over the interim running of the company as it seeks a replacement for former CEO Ron Dennis. Cheap Nike Shoes China .On Tuesday evening, the McLaren Technology Group confirmed Dennis was no longer its CEO, following a statement from Dennis himself earlier in the day. The McLaren boss of 35 years claimed his fellow shareholders forced through the decision to put him on gardening leave until the end of his current contract and spoke of his disappointment in their decision.Dennis still holds a 25 percent stake in the company, but fellow shareholders Mansour Ojjeh (25 percent) and the Bahrain sovereign wealth fund Mumtalakat (50 percent) will take control of the company as they look for his replacement.As of this afternoon Ron Dennis no longer holds the position of Chief Executive Officer of McLaren Technology Group (or its subsidiaries), the McLaren Technology Group statement said. However, he remains a shareholder and a director of McLaren Technology Group.Over the past 35 years Rons contribution to the success of McLaren has been colossal. During his tenure the team won 17 World Championships and 158 Grands Prix, making him the most successful leader in Formula 1 history. Like the companys founder, Bruce McLaren, Ron is and will always be one of the true greats of the sport.McLaren Technology Group is now in the process of seeking a new Chief Executive Officer. Until such an appointment has been made, the company will be run on an interim basis by an Executive Committee comprising the Groups majority shareholders, in close collaboration with the Board of Directors and the senior management team, all of whom remain utterly committed to the company, its partners, its employees and its fans, and share a passionate determination to build on our many strengths towards future prosperity.American businessman Zak Brown has been named as a potential candidate for the vacant role, but has not made his future plans clear since stepping down as the CEO of the CSM marketing group in September. Brown has also been linked to a role with Liberty Media, which is in the process of purchasing Formula Ones commercial rights.Former Mercedes boss Ross Brawn has also been linked to the role, but in a recent ESPN interview he made clear that he had no intention of working for a team in Formula One again. Authentic Air Max 97 Sale . A forerunning sled crashed into the worker Thursday at the Sanki Sliding Center. The unidentified worker broke both legs and was airlifted to a nearby hospital. Discount Air Max 97 Shoes . -- Los Angeles Lakers guard Jordan Farmar will be out for roughly four weeks after tearing his left hamstring. http://www.airmax97discount.com/ . Tomas Berdych and Radek Stepanek defeated Nenad Zimonjic and Ilija Bozoljac 6-2, 6-4, 7-6 (4) on the indoor hard-court at Belgrade Arena. The victory improved the Czech pairs impressive cup doubles record to 14-1. Welcome to the Week 11 edition of our weekly illustrations focusing on the games that shape the national title race.Washington falls from the ranks of the unbeaten?USC continued its hot streak by controlling No. 4 Washington 24-13 and putting the Huskies playoff hopes in doubt.Michigan stunned in final seconds by unranked IowaThe Wolverines fell short in only their second trip outside the state of Michigan. Before the game, Jim Harbaughs crew covered up the pink walls in the visitors locker room, but the Hawkeyes had the last laugh, winning 14-13.Clemsons luck runs out against PittThe Tiigers have had a few close calls this year but always found a way. Wholesale Air Max 97 Outlet. This time, Deshaun Watsons three interceptions were too much for Dabo Swinneys squad to overcome, as it fell 43-42 to Pitt.Georgia ends Auburns SEC, playoff hopesThe Iron Bowl was shaping up to be an epic, with Alabama and Auburn playing for the SEC West crown and a clear shot at a playoff berth. But the Bulldogs had something to say about that, earning a 13-7 win over the Tigers. ' ' '
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